Rural Bank of Oroquieta (Misamis Occidental), Inc.
Bank Bulletin No. 18-14 • Bureau of Internal Revenue (BIR) Issuances • Bank Bulletins • Aug 26, 2014
Full text
August 26, 2014 BANK BULLETIN NO. 18-14 TO : All BIR Authorized Agent Banks SUBJECT : Rural Bank of Oroquieta (Misamis Occidental), Inc. Effective immediately, all Authorized Agent Banks are hereby advised not to accept RURAL BANK OF OROQUIETA (MISAMIS OCCIDENTAL), 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 July 22, 2014 informing the Bureau of Internal Revenue of the issuance of Monetary Board Resolution No. 1143 dated July 21, 2014 which prohibited RURAL BANK OF OROQUIETA (MISAMIS OCCIDENTAL), INC . with Head Office Address at Barrientos corner Revil Sts., Oroquieta City, Misamis Occidental from doing business in the Philippines and placed the same under receivership with the PDIC as the designated Receiver. HTcADC The Bank has one (1) branch located at Calamba, Misamis Occidental. For your guidance and strict compliance. (SGD.) KIM S. JACINTO-HENARES Commissioner of Internal Revenue
Ask what this means for your situation
The assistant quotes the passage it relies on and links the source, so you can check every figure it gives you.