New Rural Bank of Binalbagan (Negros Occidental), Inc.
Bank Bulletin No. 21-16 • Bureau of Internal Revenue (BIR) Issuances • Bank Bulletins • Jul 5, 2016
Full text
July 5, 2016 BANK BULLETIN NO. 21-16 TO : All BIR Authorized Agent Banks SUBJECT : New Rural Bank of Binalbagan (Negros Occidental), Inc. Effective immediately, all Authorized Agent Banks are hereby advised not to accept NEW RURAL BANK OF BINALBAGAN (NEGROS 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 June 10, 2016 informing the Bureau of Internal Revenue of the issuance of Monetary Board Resolution No. 1002.A dated June 9, 2016 which prohibited NEW RURAL BANK OF BINALBAGAN (NEGROS OCCIDENTAL), INC. with office address at National Highway, Brgy. Progreso, Binalbagan, Negross Occidental from doing business in the Philippines and placed the same under receivership with the PDIC as the designated Receiver. DETACa For your guidance and strict compliance. (SGD.) CAESAR R. DULAY 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.