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LATEST UPDATES

February 4, 2025 at 4:00:00 AM

PARTICIPATION OF BAYANIHAN BANK, RURAL BANK OF ANGELES, AND
RURAL BANK OF MANGALDAN IN PESONet

PARTICIPATION OF BAYANIHAN BANK, RURAL BANK OF ANGELES, AND 
RURAL BANK OF MANGALDAN IN PESONet

We are pleased to announce the participation of the following banks in the Phil. EFT System Operations Network (PESONet):

January 28, 2025 at 1:00:00 AM

CICS PARTICIPATION OF SOUTH BANK (A RURAL BANK), INC.

CICS PARTICIPATION OF SOUTH BANK (A RURAL BANK), INC.

South Bank (A Rural Bank), Inc. is the latest participant in the PCHC's nationwide Check Image Clearing System (CICS).

January 2, 2025 at 4:00:00 AM

NON-ACCEPTANCE OF CHECKS WITH INVALID DATE FORMAT AND/OR WITH SPECIAL SYMBOLS IN THE AMOUNT IN FIGURES

NON-ACCEPTANCE OF CHECKS WITH INVALID DATE FORMAT AND/OR WITH SPECIAL SYMBOLS IN THE AMOUNT IN FIGURES

Based on the survey results, with a response rate of 87% from CICS participants, we have decided to extend the moratorium (on non-acceptance) for another six months. The final implementation will now be July 1, 2025 instead of January 1, 2025.

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