PDDTS MC 2020-58

March 16, 2020

T O : All PDDTS Participant Banks/Institutions

R E : ADJUSTMENT IN THE PDDTS BATCH END-OF DAY CUT-OFF TIME

1. Relative to the cut-off change in the Nationwide Check Clearing and PESONet that was published in Memo Circular No. 3600, please be informed that PDDTS Batch End-of-Day cut off will likewise be adjusted from 4:00 PM to 2:00 PM.

2. This new cut-off time will start tomorrow March 17, 2020 until further notice.

3. Please be guided accordingly.

PDDTS MC.2020-58

.Adjustment in the PDDTS

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