Rural Bank of Galimuyod (Ilocos Sur), Inc.
Bank Bulletin No. 2022-20 • Bureau of Internal Revenue (BIR) Issuances • Bank Bulletins • Sep 15, 2022
Full text
September 15, 2022 BANK BULLETIN NO. 2022-20 TO : All Authorized Agent Banks SUBJECT : Rural Bank of Galimuyod (Ilocos Sur), Inc. Effective immediately, all Authorized Agent Banks are hereby advised not to accept checks, as well as taxpayers' checks, drawn from RURAL BANK OF GALIMUYOD (ILOCOS SUR), INC. with head office address at Brgy. Poblacion, Galimuyod, Ilocos Sur, in payment of internal revenue taxes. This is in conformity with the Bangko Sentral ng Pilipinas (BSP) Monetary Board Resolution No. 1312.B dated September 8, 2022 prohibiting the subject bank from doing business in the Philippines and placing it under receivership with the Philippine Deposit Insurance Corporation (PDIC) as the designated receiver, as stated in the letter dated September 9, 2022, of Angel B. Obrero, Officer-in-Charge, Receivership and Bank Management Group of PDIC. For your guidance and strict compliance. (SGD.) LILIA CATRIS GUILLERMO 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.