Updated: Dec 12, 2020
November 12, 2020
T O : All Clearing Banks / Institutions
R E : SUSPENSION OF CLEARING AND SETTLEMENT ON NOVEMBER 12, 2020
1. In connection with the PhilPaSS Advisory (BPU-2020-14) issued by the BSP, we wish to inform that clearing and settlement for CICS, PESONet and PDDTS (both RTGS/PvP and Batch EOD) will be suspended today, November 12, 2020..
2. As such, the standard operating procedures for Philippine Holidays for trading, clearing and settlement under Section 3.b as provided under BSP Memorandum M-2020-013 shall be observed.
3. Please be guided accordingly.