Documentary Requirements for the Release of Cash Bond
The BI Operations Order No. SBM-2014-052 outlines the documentary requirements for the release of cash bonds posted by aliens in the Philippines, in accordance with immigration laws. Claimants must submit specific documents including the original orders related to the bond, a refund request, and payment receipts. If a representative files for the refund, they must present a Special Power of Attorney and valid ID of the claimant. The order mandates that the Legal Division process requests within seven days, and the Finance and Management Division must issue checks for approved refunds within the same timeframe. This order takes effect 15 days after its receipt by the National Administrative Register.
Quick Answers
- What is Documentary Requirements for the Release of Cash Bond about?
- The BI Operations Order No. SBM-2014-052 outlines the documentary requirements for the release of cash bonds posted by aliens in the Philippines, in accordance with immigration laws. Claimants must submit specific documents including the original orders related to the bond, a refund request, and payment receipts. If a representative files for the refund, they must present a Special Power of Attorney and valid ID of the claimant. The order mandates that the Legal Division process requests within seven days, and the Finance and Management Division must issue checks for approved refunds within the same timeframe. This order takes effect 15 days after its receipt by the National Administrative Register.
- What type of law is BI Operations Order No. SBM-2014-052?
- Documentary Requirements for the Release of Cash Bond (BI Operations Order No. SBM-2014-052) is a Philippine Other Rules and Procedures enacted by the Congress of the Philippines.
- When was Documentary Requirements for the Release of Cash Bond enacted?
- Documentary Requirements for the Release of Cash Bond (BI Operations Order No. SBM-2014-052) was enacted on Oct 9, 2014.
- What is the citation for Documentary Requirements for the Release of Cash Bond?
- Documentary Requirements for the Release of Cash Bond, BI Operations Order No. SBM-2014-052, Oct 9, 2014 (Philippines)
Law Information
- Reference Number
- BI Operations Order No. SBM-2014-052
- Date Enacted
- Category
- Other Rules and Procedures
- Subcategory
- Bureau of Immigration
- Jurisdiction
- Philippines
- Enacting Body
- Congress of the Philippines
Full Law Text
October 9, 2014
BI OPERATIONS ORDER NO. SBM-2014-052
DOCUMENTARY REQUIREMENTS FOR THE RELEASE OF CASH BOND
WHEREAS, the BI exact bonds on aliens pursuant to CA 613: Sec. 40;
WHEREAS, there is a need to set clear and concrete guidelines on the documentary requirements to be submitted for the release of the posted cash bonds;
NOW THEREFORE, pursuant to the rule-making authority of the Commissioner of Immigration under relevant immigration laws, the following shall be observed:
SECTION 1. Documentary Requirements. — The following documents and papers shall be submitted for the release of the foreigner's posted cash bonds;
a. Original/certified true copy of the Order directing the posting of cash bond;
b. Original/certified true copy of the Order of refund of cash bond duly signed by the Commissioner;
c. Request for refund of claimant;
d. Original official receipt of the cash bond deposit;
e. Filing fee official receipt number for the refund of cash bond;
f. Legal research fee official receipt.
SECTION 2. When Representative Files for Refund. — In the event that an authorized representative of the claimant files for refund, the representative, in addition to Section 1, shall submit: (1) a Special Power of Attorney valid for six [6] months and (2) valid identification [ID] of the claimant.
SECTION 3. Duties of the Legal Division. — Within seven (7) days from filing of the request for release/refund of the posted cash bond, the Legal Division shall forward to the Commissioner the draft order granting or denying the request.
SECTION 4. Duties of the FMD & Cash Section. — Within seven (7) days from the issuance of the Order granting the release of the cash bond, the Finance and Management Division shall issue the appropriate check for encashment.
SECTION 5. Effectivity. — This Operations Order shall take effect 15 days from receipt of the Office of the National Administrative Register (ONAR), U.P. Law Center, U.P. Diliman, Quezon City. TADaES
(SGD.) SIEGFRED B. MISONCommissioner
Cite This Law
Documentary Requirements for the Release of Cash Bond, BI Operations Order No. SBM-2014-052, Oct 9, 2014 (Philippines)
Documentary Requirements for the Release of Cash Bond, BI Operations Order No. SBM-2014-052 (Phil. 2014)
Related Laws
- Rules and Procedures on the Release of Cash BondBI Memorandum Circular No. SBM-2015-009 • Sep 15, 2015 • Other Rules and Procedures
- Prescribing the Revised Guidelines and Documentary Requirements for Common Government TransactionsCOA Circular No. 001-12 • Jun 14, 2012 • Other Rules and Procedures
- Guidelines Prescribing the Documentary Requirements and Procedures in the Processing and Payment of Retirement Benefits of PNP PersonnelPNP Memorandum Circular No. 010-13 • Aug 13, 2013 • Other Rules and Procedures
- Updates on Prescribing the Revised Guidelines and Documentary Requirements for Fund TransfersCOA Circular No. 002-16 • May 31, 2016 • Other Rules and Procedures
- Guidelines on the Release of Funds for FY 2016DBM National Budget Circular No. 561-16 • Jan 4, 2016 • Other Rules and Procedures
- Guidelines on the Release of Funds for FY 2007DBM National Budget Circular No. 508-07 • Mar 27, 2007 • Other Rules and Procedures
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