Surigao City Evergreen Rural Bank, Inc.
Bank Bulletin No. 16-16 • Bureau of Internal Revenue (BIR) Issuances • Bank Bulletins • May 12, 2016
Full text
May 12, 2016 BANK BULLETIN NO. 16-16 TO : All BIR Authorized Agent Banks SUBJECT : Surigao City Evergreen Rural Bank, Inc. Effective immediately, all Authorized Agent Banks are hereby advised not to accept SURIGAO CITY EVERGREEN 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 April 15, 2016 informing the Bureau of Internal Revenue of the issuance of Monetary Board Resolution No. 647 dated April 14, 2016 which prohibited SURIGAO CITY EVERGREEN RURAL BANK, INC. with Head Office address at 03337 Borromeo St., Surigao City, 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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