CHOM 426

 24 August 2007

TO : All Clearing Banks/Institutions

R E : UPDATED CLEARING HOUSE RULES & REGULATIONS (CHRR) AND ARBITRATION RULES OF PROCEDURE (ARP)

1. We are pleased to announce the release of the updated Clearing House Rules and Regulations (CHRR) and the

Arbitration Rules of Procedure (ARP).

2. The updated compilation which includes the implementing and explanatory CHOMs, was converted into a .pdf

format and will be made available on CDs.

3. PCHC shall provide each of the participating member banks a CD copy for free. (to be released to the respective

bank’s Liaison Officers). Banks may reproduce the said CD for their respective branches/offices. Since the rules and

regulations exclusively cover the member banks of PCHC, we request that same be safeguarded from any illegal

use or reproduction.

4. Banks who may still opt to request additional CD copies may do so by accomplishing the attached order form. Duly

accomplished forms may be submitted to PCHC either by personal delivery or thru fax or e-mail to any of the

following:

Manila Office Makati Office

Mr. Francisco Gementiza Mr. Jose Dy

G/F 3 Story Bldg. BSP Complex 10/F Export Bank Plaza

Mabini, Malate, Manila Sen. Gil Puyat, Makati City

Fax : 522-11-40 886-13-49

e-mail : atoygementiza@pchc.com.ph jody@pchc.com.ph

5. For information and proper guidance.

CHOM.426

.UPDATED CLEARING HOUSE RULES AN

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