Authorized Bank Accounts of Regional Offices and their Signatories

March 25, 1997 REVENUE MEMORANDUM ORDER NO. 11-97 TO : All Regional Directors, Revenue District Officers and Others Concerned SUBJECT : Authorized Bank Accounts of Regional Offices and their Signatories As a matter of policy, only the following bank accounts and such other accounts as may be allowed by the Commissioner are authorized to be maintained with the Land Bank of the Philippines, the Government Servicing Bank of the Bureau of Internal Revenue: prLL Current Account for Personal Services MDS Account for Maintenance and Other Operating Expenses Current Account for Tax Refund Current Account for Fund 152 for PD 1991 Current Account for Fund 102 for Tax Computerization Project Effective immediately, checks drawn against the above-mentioned deposit accounts shall be signed and countersigned as follows: Signing Official : Chief, Finance Division Countersigning Official : Regional Director All existing authorizations given to revenue officials to sign and countersign checks other than those allowed in this Order are hereby revoked. LIWAYWAY VINZONS-CHATO Commissioner