Xavier-Punla Rural Bank, Inc.
Bank Bulletin No. 16-15 • Bureau of Internal Revenue (BIR) Issuances • Bank Bulletins • Sep 23, 2015
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September 23, 2015 BANK BULLETIN NO. 16-15 TO : All BIR Authorized Agent Banks SUBJECT : Xavier-Punla Rural Bank, Inc. Effective immediately, all Authorized Agent Banks are hereby advised not to accept XAVIER-PUNLA RURAL BANK, INC. checks, as well as taxpayers' checks drawn from the said Bank, in payment of internal revenue taxes. This advisory is in view of the letter of the Philippine Deposit Insurance Corporation (PDIC) dated August 24, 2015 informing the Bureau of Internal Revenue of the issuance of Monetary Board Resolution No. 1306 dated August 20, 2015 which prohibited XAVIER-PUNLA RURAL BANK, INC. with Office address at Poblacion, Pangantucan, Bukidnon from doing business in the Philippines and placed the same under receivership with the PDIC as the designated Receiver. For your guidance and strict compliance. (SGD.) KIM S. JACINTO-HENARES Commissioner of Internal Revenue
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