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December 12, 2024 TO : All Clearing Banks/Institutions RE : INDICATING FRONT DEPOSIT INFORMATION ON CHECKS FOR MOBILE DEPOSIT 1. In reference to MC No. 3851 dated November 15, 2024, which extended the mandatory implementation of the Front Deposit Information (FDI) indication on the face of the Check, we would like to provide you with an update. 2. Considering the substantial amount of time required to ensure widespread customer awareness, we have decided to grant an additional extension specifically for banks offering the Mobile Deposit Facility (MDF). 3. As such, implementation date shall be deferred further from February 1, 2025 to April 1, 2025. This extension allows MDF banks ample time to prepare and educate their customers about the new FDI requirement. 4. However, we would like to emphasize that MDF banks have the flexibility to proceed with the implementation of FDI prior to April 1, 2025 if they are fully prepared and ready to do so. We encourage banks to prioritize customer education and awareness to ensure a smooth transition to the new FDI indication on checks. 5. Should you have any further questions or require additional information, please do not hesitate to reach out. We appreciate your cooperation and understanding in this matter. 6. For information and guidance.

December 02, 2024 TO : All Clearing Banks/Institutions RE : NEW CLEARING PARTICIPANTS/BRSTN REGISTER UPDATES 1. With reference to various request letters /notices received from the clearing participant banks, we enumerate hereunder the following updates to the PCHC clearing participant banks/BRSTN Register and Operating Parameter, viz: 1.1. New Clearing Participants BANK/BRANCH BRSTN ADDRESS SBC - Cainta 01014-231-4 Ground Floor, TCM Square, Felix Ave. cor. V.V. Soliven Avenue II, Cainta, Rizal SBC - Pasay - Coral Way 01014-232-7 Fly Ace Corporate Center, Coral Way Boulevard, Pasay City SBC - Cebu Minglanilla 02014-019-9 Upper Ground Floor, Gaisano Grand Minglanilla, Cebu South Road, Minglanilla, Cebu SBC - Davao Cabaguio 03014-013-4 G/F, Former Metropolis Suites, Cabaguio Ave., Davao City SBC - Davao Bangkal 03014-014-7 McArthur Highway, Bangkal, Davao City SBC - Tacloban Maharlika Highway 11014-003-8 GF, Juridel Building, Brgy. 92 Apitong, Tacloban City SBC - Batac 17014-003-6 McArthur Highway, Batac, Ilocos Norte SBC - Tandag 59014-001-4 LCP BUILDING, National Highway, Napo Bag -ong, Tandag City, Surigao del Sur Metro - Sucat - Amvel Business Park 01026-456-4 G/F, BM ONE Building, Amvel Business Park, Ninoy Aquino Avenue, Sucat Paranaque City BDO - SM Iloilo Terminal Public Market 08053-019-2 GF, SM Iloilo Terminal Public Market, Rizal St., Brgy. Flores, Iloilo City BDO - SM Iloilo Central Public Market 08053-020-2 GF, SM Iloilo Central Public Market, Iznart St., Brgy. Nonoy, Iloilo City BDO NB - Cebu - Tuburan 02118-017-4 G/F, Municipal Bldg., Jose Rizal St., Poblacion 4, Tuburan, Cebu BDO NB - Batangas - Sta. Teresita 19118-011-4 G/F, JELMARSON Bldg., National Highway, Brgy. Cuta East, Sta. Teresita, Batangas 1.2. Relocation/Change in Branch Name and/or Address BRSTN BANK/BRANCH NAME FROM TO 01004-554-7 BPI Opus Bridgetowne – Quezon City Opus Mall Bridgetowne – B101-B105 Bridgetowne Mall Building, Lots 1, 3 & 7, E. Rodriguez Jr. Avenue, Ugong Norte, Quezon City 11008-002-0 PNB Tacloban City - Rizal Ave – Tacloban Leyte - Palo – G/F, Palo City Commercial Center, Barangay Guindapunan, Palo, Leyte 01011-045-6 PBCOM Disbursements Loans – Makati City Retail Loans Unit – 2nd Floor, GF & Partners Building, 139 H.V. Dela Costa Street, Salcedo Village Brgy. Bel-Air, Makati City 01011-995-2 PBCOM–Commercial Makati City 2nd Floor, GF & Partners Loans Unit Building, 139 H.V. Dela Costa Street, Salcedo Village Brgy. Bel-Air, Makati City 01011-997-8 PBCOM Cash Management Scvs–Makati City Cash Management Services Team –3rd Floor, GF & Partners Building, 139 H.V. Dela Costa Street, Salcedo Village Brgy. Bel-Air, Makati City 01026-208-7 Metro FTI Complex-Taguig–Taguig City ARCA South - Manta Corporate Plaza –Ground Floor Unit 2.1 & 2.2, Manta Corporate Plaza, Block 7 Lot 5, ARCA Boulevard, ARCA South, Western Bicutan, Taguig City 14053-006-1 BDO Lucena-Gulang Gulang–Lucena City Lucena- Ilaya – Lot 3106-B Quezon Avenue corner Hermana St., Barangay 1, Lucena City 08118-018-5 BDO NB Guimaras Buenavista–Guimaras Guimaras - Buenavista – G/F, Commercial Bldg., National Highway, New Poblacion, Buenavista, Guimaras 08118-023-7 BDO NB Iloilo Balasan–Iloilo Iloilo - Balasan – G/F, DSD Multiventures Bldg., Del Rosario St., Brgy. Poblacion Norte, Balasan, Iloilo 13118-004-8 BDO NB Bulacan Pandi–Bulacan Bulacan - Pandi – G/F, Unit 1, Pandi Commercial Property, 273 Pandi-Angat Road, Brgy. Mapulang Lupa, Pandi, Bulacan 41118-006-9 BDO NB Cavite Maragondon–Cavite Cavite - Maragondon – G/F, L and J Bldg., Governor’s Drive, San Miguel I B., Maragondon, Cavite 1.3. Deletion of the following branch/es BANK BRANCH NAME BRSTN Metro - Comercio 01026-146-0 Metro - Las Pinas - Pamplona 01026-399-2 Metro - JAbad Santos - Antipolo 01026-403-0 Metro - Marikina-Nangka 01026-404-3 Metro - Valenzuela - TSantiago 01026-422-1 Metro - Rizal Ave - Bambang 01026-425-0 Metro - Eastwood - Le Grand 01026-429-2 Metro - Cebu Light Industrial Park 02026-055-8 Metro - Dagupan - Mayombo 05026-016-2 Metro - Baguio - Naguilian Road 12026-008-9 Metro - Batangas - Tanauan AMAB 19026-019-0 Metro - Gensan - Santiago Market 24026-007-9 Metro - Olongapo - Gordon 28026-007-1 Metro - Calamba Waltermart 31026-027-1 Metro - Zapote - Bacoor 41026-020-7 2. Pursuant to CICS OM No. 17-004 dated 18 January 2017, the aforementioned updates will be implemented effective December 2, 2024. 3. For your information and guidance.

November 20, 2024   T O      :               All Clearing Banks/Institutions   R E         :               NON ACCEPTANCE OF CHECKS WITH NON ESSENTIAL SPECIAL CHARACTERS OR SYMBOLS/MARKS OR WITH UNNECESSARY DETAILS     1.      We refer to Memo Circular (MC) No. 3814 dated 03 June 2024 where PCHC announced the extension of a moratorium to another six months in allowing the acceptance of checks with non-essential characters or symbols written on them.   2.      It may be recalled that after this announcement, PCHC had released MC #3821 dated 02 July 2024 illustrating how the guidelines in writing information on checks should be performed  by the respective customers of participating banks/institutions.   3.        As we approach the year ending 2024, we would like to get feedback from the participants before we implement the above subject.  Though we expect that proper dissemination/customer awareness or campaigns  on the guidelines have been made during the moratorium period, the readiness of the great majority is important to us.   4.      Attached is a survey form (Attachment A) inquiring on the banks readiness. Kindly accomplish and send your response via email to: philclear@pchc.com.ph ; cc: thonymanongas@pchc.com.ph on or before November 28, 2024.   5.      We would highly appreciate your immediate response.

November 18, 2024 TO : All Clearing Banks/Institutions RE : NEW CLEARING PARTICIPANTS/BRSTN REGISTER UPDATES 1. With reference to various request letters/notices received from the clearing participant banks, we enumerate hereunder the following updates to the PCHC clearing participant banks/BRSTN Register and Operating Parameter, viz: 1.1. New Clearing Participants BANK/BRANCH BRSTN ADDRESS METRO - N. Domingo - G. 01026-458-0 Worldcheers Building, 46/48 N. Domingo St., Brgy. San Araneta Avenue Perfecto, San Juan City METRO - Mindanao Ave. Ext. 01026-460-3 Upper Ground Floor, DS Global Corporate Center, Mindanao Avenue Extension, Greater Lagro, Quezon City USB - Candelaria Zambales 28049-001-6 Ground Floor Candelaria Commercial Building, Town Proper Candelaria, Zambales CBS - Talisay City 02112-010-5 Units B112, B113, B114 G/F Bldg. B, South Coast Center, Brgy. Linao, Talisay City, Cebu BDO NB - Quezon City - North 01118-014-2 G/F, AXN Bldg., Block 74, Lot 2, Commonwealth Ave., Sitio Fairview Seville, Brgy. North Fairview, District 5, Quezon City BDO NB - Metro Manila - Las 01118-015-5 G/F, Unit A, 399 Commerce Center, Alabang - Zapote Road, Pinas Talon Uno, Las Piñas City, Metro Manila BDO NB - Camarines Sur - San 07118-016-6 G/F, J.C.G Commercial Bldg., Real St., San Juan, San Jose, Jose Camarines Sur BDO NB - Guimaras - 08118-018-5 G/F, Commercial Bldg., National Highway, Brgy. Calingao, Buenavista New Poblacion, Buenavista, Guimaras BDO NB - Iloilo - Zarraga 08118-021-1 G/F, FEM Gasoline Station, Real St. Brgy. Malunang, Zarraga, Iloilo BDO NB - Iloilo - Balasan 08118-023-7 G/F, DSD Multiventures Bldg., Del Rosario St., Brgy. Poblacion, Balasan, Iloilo BDO NB - Iloilo - Oton 08118-024-0 G/F, Units 2-5, Aria Plaza, Mabini St., Brgy. Poblacion South, Oton, Iloilo BDO NB - Zamboanga del 09118-006-5 G/F, Unit 1, R&A Commercial Bldg., National Highway, Brgy. Norte - Katipunan Dos, Katipunan, Zamboanga del Norte BDO NB - Ifugao - Kiangan 12118-009-0 G/F, Manalang Bldg., Main Road, Brgy. Poblacion, Kiangan, Ifugao BDO NB - Cagayan - Gonzaga 23118-012-6 G/F, Unit 1, RJH Commercial Bldg., Adduru St., Brgy. Smart, Gonzaga, Cagayan BDO NB - Zamboanga del Sur - 25118-005-4 G/F, Stall 1, ASY Bldg., National Highway, Brgy. San Jose,  Aurora Aurora, Zamboanga del Sur BDO NB - Aklan - New 29118-006-9 G/F, Units 1-2, ALSBC Bldg., A. Peralta St., Brgy. Poblacion, Washington New Washington, Aklan BDO NB - Laguna - Luisiana 31118-009-1 G/F, JJS Town Center, Roasa St., Brgy. San Antonio, Luisiana, Laguna BDO NB - Capiz - Dumarao 34118-006-1 G/F, Units 1&2, G&C Bldg. B, Blumentritt St., Sitio Bong-ao, Brgy. Poblacion Ilaya, Dumarao, Capiz BDO NB - Palawan - Bataraza 35118-008-0 Macadam Highway, Rio Tuba, Bataraza, Palawan BDO NB - Camarines Norte - 36118-006-7 Maharlika Highway, Poblacion 2, Basud, Camarines Norte  Basud BDO NB - Masbate-Milagros 37118-005-7 National Road, Brgy. Bacolod, Milagros, Masbate BDO NB - Cavite - Maragondon 41118-006-9 G/F, L and J Bldg., Governor's Drive, San Miguel B., Maragondon, Cavite BDO NB - North Cotabato - 54118-009-4 G/F, Unit 2, Anarna Bldg., Nabua St., Brgy. Poblacion, Arakan, Arakan North Cotabato BDO NB - South Cotabato - 55118-007-1 G/F, DARBC Supermarket, Cannery Road, Brgy. Cannery, Polomolok, Cannery Polomolok, South Cotabato TBPI - San Fernando Business 06145-001-3 G/F Paseo Las Palmas, Unit 109-110 Jose Abad Santos Center Avenue, Dolores, San Fernando City, Pampanga 1.2. Relocation/Change in Branch Name and/or Address BRSTN BANK/BRANCH NAME FROM TO 01026-208-7 Metro – FTI Complex-Taguig Taguig City Ground Floor Unit 2.1 & 2.2, Manta Corporate Plaza, Block 7 Lot 5, ARCA Boulevard, ARCA South, Western Bicutan, Taguig City 01107-003-2 RBC Ermita Midtown – Ermita – G/F Robinsons Place Manila, Manila City Adriatico Street, Ermita, Manila City 01107-045-6 RBC E Rodriguez Sr Ave – E. Rodriguez Ave. – L/G Unit LG026, Quezon City Robinsons Magnolia Town Center, Aurora Boulevard, Quezon City 01107-053-7 RBC Santolan - Pasig–Pasig Santolan – L/G Robinsons Metro East, City Marcos Highway, Barangay De la Paz, Pasig City 01107-061-8 RBC – White Plains Quezon City G/F, Tera Tower, Bridgetowne – C5 corner Ortigas Avenue Extension, Quezon City 01107-066-3 RBC – Wilson St. - Greenhills San Juan City The Meridien Condominium, 29 Annapolis Street Greenhills, San Juan City 01107-067-6 RBC J P Rizal St – Makati City J.P. Rizal St, Makati – G/F New Solid Realty Inc. Bldg., 357 Sen. Gil Puyat Ave., Makati City 01107-079-9 RBC – Gamma Quezon City G/F Galleria Corporate Center, EDSA cor. Ortigas Ave., Quezon City 01107-082-5 RBC Robinson Galleria – Galleria – G/F Galleria Corporate Quezon City Center, EDSA cor. Ortigas Ave., Quezon City 01107-083-8 RBC Antipolo Sumulong – Sumulong - Antipolo – L/G Robinsons Antipolo City Metro East, Marcos Highway, Barangay De la Paz, Pasig City 01107-085-4 RBC – N. Domingo Quezon City L/G Unit LG026, Robinsons Magnolia Town Center, Aurora Boulevard, Quezon City 07107-001-4 RBC – Naga Naga Level 1 Unit 101, Robinsons Place Naga, Roxas Avenue corner Almeda Highway, Barangay Triangulo, Naga 31107-003-3 RBC – San Pedro Laguna L2, Robinsons Galleria South, Manila South Road, Nueva, San Pedro, Laguna 41107-005-6 RBC – Bacoor Cavite G/F Main Square Bacoor, Molino Boulevard, Bacoor City, Cavite 01112-103-3 CBS Roosevelt–Quezon City Congressional Avenue – G/F 2A Congressional Avenue, Brgy. Bahay Toro, Project 8, Quezon City 06118-009-5 BDO NB–Pampanga-Sto. Pampanga G/F, Units 1-2, Novo Dept. Store Sto. Tomas Tomas Branch, Mc Arthur Highway, Brgy. San Matias, Sto Tomas, Pampanga 2. Pursuant to CICS OM No. 17-004 dated 18 January 2017, the aforementioned updates will be implemented effective November 18, 2024. 3. For your information and guidance.

November 15, 2024 TO : ALL CLEARING PARTICIPANTS WITH MOBILE DEPOSIT FACILITY RE : INDICATING/WRITING OF FDI ON CHECKS FOR MOBILE DEPOSITS Relative to CICS OM No. 24-047 dated June 28, 2024 where we stated that the front deposit information or FDI for mobile check deposits should appear on the space between the Account Name and the Payee line (as illustrated below), please be informed that implementation has been deferred to February 1, 2025. This one-month extension is in response to requests received from banks offering mobile deposit facilities on account of the IT freeze preventing them from performing any system changes during season. Please be guided accordingly.

November 11, 2024   T O      :               All Clearing Banks/Institutions   R E         :               SUSPENSION OF BANKING OPERATIONS IN NORTHERN ISABELA (CLEARING REGION 26)     1.      We received a copy of Northern Isabela Bankers Club (NIBAC) Resolution No. 04-2024 , suspending banking operations in their area in accordance with Executive Order No. 52 issued by the Local Government of Cauayan City, suspending work in government offices and encouraging suspension of work in the private offices to ensure safety of the employees in view of potential impact of severe tropical storm “Nika”. 2. Affected areas are Northern Isabela, including Cauayan, Ramon, San Mateo, Aurora, Echague, Roxas, Naguilian, Reina Mercedes, Cabatuan, Luna, and Alicia today, November 11, 2025, except for returned items, if any.   3.      For information and guidance.

November 04, 2024 TO : All Clearing Banks/Institutions RE : 1. NEW CLEARING PARTICIPANTS/BRSTN REGISTER UPDATES 2. NOTICE FROM QUEEN CITY DEVELOPMENT BANK (QCDB) 1. With reference to various request letters/ notices received from the clearing participant banks, we enumerate hereunder the following updates to the PCHC clearing participant banks/BRSTN Register and Operating Parameter, viz: 1.1. New Clearing Participants BANK/BRANCH BRSTN ADDRESS PBCOM - Benavidez 01011-060-5 1264 - 1266 Benavidez St., Tondo, Manila SBC - Bacolod - The Row 04014-006-9 The Row, Lacson St., Brgy. Bata, Bacolod City, Negros Occidental SBC - Zamboanga - Ipil 60014-001-4 Gaisano Grand Mall, Brgy. Veterans Village, Ipil, Zamboanga Sibugay SBC - Maasin 64014-001-6 Gaisano Grand Mall Maasin, Bato - Bontoc Road, Maasin, Southern Leyte Queen City - Pavia 08023-058-6 GF Plazuela Tres, Leocadio Cor. Evangelista St., Purok II (Pob.), Pavia, Iloilo BDO - BGC - Uptown Eastgate 01053-707-1 G/F, Retail 1 Uptown Eastgate Bldg., 11th Avenue cor. 36th St., Uptown Bonifacio, Brgy. Fort Bonifacio, Taguig City BDO - Davao - R. Castillo 03053-033-3 G/F, Uptown Center, R. Castillo St., Brgy. Gov. Vicente Duterte, Agdao District, Davao City BDO - Davao - Sta. Lucia Mall 03053-034-6 Ground Floor, Sta Lucia Mall Davao, Ponte Verde Drive, Brgy. Communal, Buhangin District, Davao City 8000 BDO - Benguet - Itogon 12053-015-9 G/F, Caligtan - Domilos Building, Antamok National Highway, Domilos Compound, Purok Domilos, Brgy. Tuding, Itogon, Benguet BDO - Tabaco City - Karangahan 16053-014-8 G/F, JRV Pamar Complex, Lot 4 B, P-6, Karangahan Boulevard Blvd., Brgy., Bombon, Tabaco City, Albay 4511 BDO - Sta. Rosa - Nuvali 31053-041-9 2/F, Bldg. E. Ayala Malls Solenad 3, Sta. Rosa - Tagaytay Road, Nuvali Estate, Brgy. Sto. Domingo, Sta. Rosa City, Laguna CBS - Panabo City 03112-009-8 New Panabo Commercial Building, M.L. Quezon St., Panabo City, Davao del Norte CBS - Davao - Toril 03112-010-8 Upper Ground Floor Unit 1, G Mall Of Toril, Corner Lim Street, Mc Arthur Highway, Toril, Davao City PSBC - Pototan 08122-010-0 Brgy. Rumbang, Municipality of Pototan, Iloilo TBPI - Lucena Business Center 14145-001-4 G/F CJ Building , Quezon Avenue corner Enverga Street, Lucena City NRBSL - Cubao 01150-001-0 Unit 1A Rodolino Bldg., 229th Ave. Socorro, Cubao, Quezon City 1109 NRBSL - Arayat 06150-001-5 Mangga Cacutud, Arayat, Pampanga 2012 NRBSL - San Leonardo (Main) 13150-001-3 Brgy. Diversion, San Leonardo Nueva Ecija 3102 NRBSL - Baliuag 13150-002-6 Unit 4 of VAR Building located at Brgy. Sabang, Baliuag Bulacan NRBSL - Cabanatuan 13150-004-2 41 Magsaysay Sur, Maharlika Highway, Cabanatuan City, Nueva Ecija NRBSL - Dingalan 13150-006-8 Gomez Street Poblacion, Dingalan, Aurora NRBSL - Penaranda 13150-009-7 Rizal Street, Poblacion 1, Penaranda, Nueva Ecija 3103 NRBSL - Rizal 13150-010-7 Aglipay Street Poblacion Sur, Rizal, Nueva Ecija 3127 NRBSL - San Isidro 13150-012-3 Brgy. Poblacion, San Isidro Nueva Ecija 3106 NRBSL - Lapaz 22150-001-7 Libertad Street San Isidro, La Paz Tarlac 2314 NRBSL - Nampicuan 22150-003-3 Brgy. South Central, Poblacion, Nampicuan, Nueva Ecija 3116 NRBSL - Tarlac 22150-004-6 VQA Bldg. Romulo Boulevard, San Vicente, Tarlac City 2300 1.2. Relocation/Change in Branch Name and/or Address BRSTN BANK/BRANCH NAME FROM TO 19004-008-0 BPI – Lemery Lemery, Batangas Ilustre Avenue cor. Lakandula St., Barangay District 3, Lemery, Batangas 4209 01008-254-2 PNB Don Antonio Heights– Q.C. - Don Antonio Heights – No. Quezon City 50, Holy Spirit Drive, Don Antonio Heights 2 Barangay Holy Spirit, Quezon City 06022-005-3 Maybank–Angeles Pampanga Angeles City St. Dominic Square, Sto. Rosario Street, Brgy. Sto. Domingo, Angeles City 77026-001-5 Metro – Borongan-Samar Eastern Samar Real Street, Barangay Songco, Borongan City, Eastern Samar 01053-567-5 BDO – SM City East Ortigas Pasig City G/F, Area Code EX119-121, SM City East Ortigas, Ortigas Avenue Extension, Brgy. Sta. Lucia, Pasig City 02053-005-5 BDO – Cebu Mandaue - Mandaue City, Cebu Units 9 & 10, Leope North Road Subangdaku Bldg., Lopez Jaena St., Subangdaku, Mandaue City, 6014 Cebu 19053-014-7 BDO Batangas - Kumintang– Batangas - Alangilan – Units 1 & 2, Batangas City G/F, OJH Bldg., President Jose P. Laurel Highway, National Road, Brgy. Alangilan, Batangas City 20102-002-5 Asia United – Bayawan Negros Oriental Dr. V. Locsin St., Dumaguete City, Negros Oriental 01107-012-6 RBC Muntinlupa – City Alabang – Unit 104, Civic Place Muntinlupa Condominium, 2301 Civic Drive, Filinvest Corporate City, Alabang, Muntinlupa City 01107-034-6 RBC Ayala Office–Makati City Ayala – 6797 Keyland Building, Ayala Avenue corner Rufino Street, Makati City 01107-064-7 RBC – Meralco Avenue Pasig City G/F Octagon Bldg., San Miguel Ave., Ortigas Center, Pasig City 01107-070-2 RBC – Makati - Evangelista Makati City G/F Don Pablo Building, 114 Amorsolo Street, Legaspi Village, Makati City 01107-076-0 RBC – Quezon Avenue Quezon City G/F, Prosperity West Center Bldg., 92 A West Avenue, Quezon City 19107-005-9 RBC – Lipa - J.P. Laurel Lipa City G/F Robinsons Place Lipa, Expansion Wing, J.P. Laurel Hi-way, Mataas na Lupa, Lipa City 31107-006-2 RBC – Los Banos Laguna G/F FP Perez Building National Highway, Parian Calamba City, Laguna 10191-001-5 MCCB Cagayan De Oro Main Cagayan De Oro 1.3. Deletion of the following branches BANK BRANCH NAME BRSTN PNB - Transactions Banking Services Center 01008-977-8 RCBC - SB - Masinag 01060-010-2 RCBC - SB - Tanay 01060-018-6 RCBC - SB - E Rodriguez Sr 01060-031-9 RCBC - SB - Novaliches 01060-040-3 RCBC - SB - Ampid San Mateo BC 01060-073-3 RCBC - SB - Antipolo-Dalig BC 01060-074-6 RCBC - SB - Angeles Business Ctr 06060-005-5 RCBC - SB - Baguio 12060-002-1 RCBC - SB - Meycauayan 13060-001-1 RCBC - SB - Malolos 13060-002-4 RCBC - SB - San Ildefonso BC 13060-010-5 RCBC - SB - Dumaguete 20060-001-9 RCBC - SB - GMA 41060-011-3 KEBH - Clark 06071-001-3 RBC - Ozamis 25107-001-2 1.4. Inclusion of the following branches in the list of BIR AABs BANK BRANCH NAME BRSTN LBP - Baggao Cagayan Agri Hub 23035-009-6 LBP - Imelda Zamboanga Sibugay 61035-002-7 1.5. Pursuant to CICS OM No. 17-004 dated 18 January 2017, the aforementioned updates will be implemented effective November 04, 2024. 2. Notice From Queen City Development Bank (QCDB) In a letter dated October 30, 2024, Mr. Dante A. Javellana, Senior Vice President and Chief Operations Officer of QCDB informed that with the merger of Queen City Rural Bank (QCRB) with the QCDB effective November 1, 2024, with QCDB as the surviving entity, Conduit Arrangement between Land Bank of the Philippines (LBP) and QCRB will be terminated on November 11, 2024. As such, QCDB will continue to accept/honor QCRB Checks bearing LBP BRSTN until November 8, 2024 only. Starting November 11, 2024 up to December 13, 2024, all incoming checks for QCRB received bearing the BRSTN of LBP will be returned as, “Refer to Issuer: Merged Bank/Conduit Agreement Terminated” and thereafter, will be returned as, “Drawn Against Closed Account.” 3. For your information and guidance.

PhilPaSS is Business As Usual today and as such, PCHC is open for business observing the usual cut-off times.

June 28, 2024   TO          :              All   Clearing Participant Banks/Institutions RE          :              MEASURES TO PREVENT MULTIPLE PRESENTMENTS OF CHECKS                1.     On the basis of  actual cases of multiple Check deposits referred to us by participant banks offering Mobile Deposit Facility (the ” MDF Banks ”), and taking into account the views expressed in our consultation/discussion with the Board members of the Clearing Officers Club, Inc. (COCI) as well as  the inputs  gathered in a  separate discussion with  the representatives of MDF Banks, we  believe  the interest of MDF Banks would be served better if each Customer-generated Check Image they receive for a  mobile Check deposit shows the following:   1.1.    a Front Deposit Information (FDI) on the face of the relevant Customer-generated Check Image   consisting of :   1.1.1.     its abbreviated name  (i.e., the “ MDF/Depository Bank ”), and   1.1.2.     the Account number in the MDF/Depository bank to which the Check clearing proceeds are to be credited   (i.e., the “ Depository Account No. ”); and   1.2.   a Dorsal Deposit Information (DDI) at the back of the relevant Customer-generated Check Image it receives , consisting of:   1.2.1.     the Date of Presentation for Deposit   1.2.2.     the Signature/Endorsement of the Depositor/Payee .   2.        The FDI  should appear on the space between the Account Name and the Payee line as shown below:   3.   The MDF/Depository Bank should ascertain that the word “ COPY ” does not appear  at the right outermost portion of the Customer-generated Check Image received   (as shown in the sample Check above); otherwise, the deposit should not be accepted.   4.       The changes announced here are viewed as improvements to the requirements published/circularized in Memo Circular 3514 issued on February 19, 2019 where the Depository Account No. was made part of the Dorsal Deposit Information   (DDI) . With the changes, Depositors/Payees will henceforth need only to write the DDI details specified in Section 1.2 above. As attempts to defraud are increasing, these new requirements are looked upon as more effective in deterring fraudulent mobile check deposits.   5.      The  FDI and DDI specified in Sections 1.1 and 1.2 should be shown on Customer-generated Check Images presented to MDFs starting January 1, 2025. This cutover/implementation date is deemed to give ample time for MDF Banks to cascade to their respective clients the –   5.1.    need to write on each Check to be deposited via MDF the FDI and DDI specified above ; and   5.2.   the advice/information that in case of unsuccessful capture or failed transmission of a mobile check deposit to the MDF/Depository Bank, the Original Check (which would then bear the specified FDI and DDI) can be presented over the counter of the MDF/Depository Bank.  The MDF shall accept the deposit of the Original Check over its counter provided that it is the MDF/Depository Bank in the FDI  and it is certain that no prior presentment was made by it and that no earlier payment on it was received by it from the Drawee Bank.    6.    Multiple presentments of Checks for clearing necessarily result in receipt by the Drawee Banks of Duplicate clearing items. More controls therefore are needed to curtail duplicate/multiple presentments of Checks. Considering the risk of double/multiple presentments/payments of a Check, PCHC deems it necessary to require/mandate MDF Banks to make use of the Decision Support Platform (DSP)  in their mobile deposit processing. This platform has been made available since September 18, 2023.     7.  The DSP is an additional layer of control that allows banks to validate whether a Check has been previously presented or has been marked for presentation by a member bank. The solution has been successfully piloted and is now being used by Union Bank in their MDF operation.   8.        As there is a need to develop APIs on the side of the banks offering MDF for automated access to the DSP, we are setting the cutover/implementation date for the compulsory use of the DSP to March 1, 2025.  In the meantime, we strongly encourage MDF Banks to obtain the API specs from PCHC’s technical team.    9.  We count on your full support and cooperation as PCHC continues to explore on finding means to assist its participating banks in preventing potential frauds.   10.      This Operating Memo supersedes CICS OM No. 24-045 dated June 04, 2024.   11. Please be guided accordingly.

October 23, 2024   TO        :           All   Clearing Participant Banks/Institutions RE        :             UPDATED GUIDELINES ON THE RETENTION OF PAID PHYSICAL ORIGINAL CHECKS AND DRAWEE BANK’S REQUEST FOR RETRIEVAL 1.          Section12 of the CICS Rules and Regulations (CICS RR) states that the Presenting Bank should keep the Physical Original Checks that are paid or honored (the “ Paid POC ”)  for a period of one hundred-eighty (180) days from the date of clearing settlement (the “ Retention Period ”). Presenting Banks may opt to outsource the safekeeping of the Paid POC to a storage service company of its choice.   2.        For banks offering mobile deposit facility (the “ MDF Banks ”), however, they have the option of entrusting the custodianship of Paid POCs to the respective Depositors (the “ Mobile Check Depositors” ). If the MDF Banks take that option, they have to require their Mobile Check Depositors to:     2.1.   keep the Paid POC/s within the Retention Period; and to   2.2.   turn over the Paid POC/s to the depository MDF Bank whenever required within the Retention Period;   in line with the custodianship requirement under Section 12 of the CICS Rules and Regulations, the MDF Banks are expected to provide in their deposit agreements the said obligations of the Mobile Check Depositors.   3.  For ease of identification and fast retrieval, the Paid POCs must be bundled/wrapped and labelled with the following details:   3.1.   BRSTN of the Presenting Bank Branch   3.2.   Transaction Date   unless in the case of safekeeping by a storage provider, the said provider prescribes its own standard labelling for easy retrieval, in which case it has to be complied with by the Presenting Banks before they entrust custody of the paid POCs to the respective providers.      4.     Within the Retention Period, a Drawee Bank may request the Presenting Bank/depository MDF Bank  to turn over to it the Paid POC/s (the “ Retrieval Request ” ) specified in its request for the following reasons:   4.1.   Litigation Court Order   4.2.   Fraud Investigation   4.3.   Examination of Paid POC/s claimed by Drawee Bank’s Client/Account Holder (the “ Accountholder ”) to –   4.3.1.  be Duplicate/s or be Counterfeit/s of the POC/s; or   4.3.2. bear Alteration/s and/or Forged/Unauthorized Endorsement/s or to bear forged signature/s of Accountholder/s   5.     The Retrieval Request shall be conveyed to the Presenting Bank/depository MDF Bank via a formal letter of request substantially in the format shown in Annex A (the “ Retrieval Request Letter ”), copy furnished PCHC, stating the following information:   5.1.   Purpose or Nature of the request 5.2.   Date of Presentation/Trasaction Date 5.3.   Check and Account Numbers 5.4.   Drawee Bank Branch Name and/or BRSTN 5.5.   Amount 5.6.   Presenting Bank Branch Name and/or BRSTN   6.       The Retrieval Request Letter should be signed by the Drawee Bank’s authorized signatory.   7.    The standard turnaround period for a Retrieval Request is hereby extended to allow reasonable time in consideration of the distance/accessibility of the branch/storage provider from the bank’s nearest branch, or if the presenting bank is a digital bank which has  no physical branch, to wit:   7.1.   Presenting and Drawee Bank Branches are located within the same region   The Presenting Bank/depository MDF Bank is given seven (7)  working days to respond and inform the requesting Drawee Bank cc: PCHC, on the status of the request. PCHC shall not entertain any query or complaint regarding request for a Paid POC if it is not furnished any prior communication regarding the request.   7.1.1.    If as of date of receipt by the Presenting Bank of the Retrieval Request Letter the requested Paid POC had already been submitted to an outsourced storage provider, the Presenting Bank is given additional seven (7)  working days from date of receipt of the Letter from the Drawee Bank to make available the retrieved Paid POC to the requesting Drawee Bank, making the total number of allowable days to be fourteen (14).   7.2.   Either of the Parties are located in  different regions (i.e. Cebu and GMA)   Presenting Bank has a total of twenty (20) working days from receipt of the Retrieval Request Letter of the Drawee Bank to make available the retrieved Paid POC. Presenting Bank may request additional period for the POC’s availability based on the retrieval period advised by the outsourced storage provider if requested item had already been submitted for safekeeping.   8.   The Presenting Bank/depository MDF Bank shall advise the Drawee Bank of the requested Paid POC’s availability attaching its Authority to Retrieve from the concerned Presenting Bank Branch.  The requesting Drawee Bank may arrange for pick-up of the retrieved Paid POC after it is advised by the Presenting Bank/depository MDF Bank  of the availability.   9.      The requesting Drawee Bank shall automatically become the new custodian of the retrieved Paid POC for the remaining days within the relevant Retention Period, hence, the need for it to formally acknowledge receipt/possession of the requested Paid POC from the Presenting Bank/depository MDF Bank.   10.  In case of failure of the Presenting Bank/depository MDF Bank to produce the requested Paid POC within the Retention Period, the Presenting Bank shall:   10.1.   pay PCHC the amount of One Thousand Pesos (₱1,000.00) as penalty for violation of Section 12 of the CICS RR  which shall be collected by PCHC via Charge Slip; and   10.2.   be answerable to the Drawee Bank for such liabilities as provided or warranted under applicable laws and the CICS Rules and Regulations as well as its Operating Guidelines.   11.        This operating memo supersedes OM No. 24-049 issued last August 14, 2024.   12.        Please be guided accordingly.