April 17, 2023 TO: All Clearing Banks/Institutions RE: NO CLEARING AND SETTLEMENT ON APRIL 21, 2023 1. With reference to PhilPaSS Advisory No. BPU-2023-013 dated April 14, 2023, please be informed that PCHC offices will likewise be closed on April 21, 2023 and will resume clearing operations on Monday, April 24, 2023. 2. As CICS and PESONet platforms are open 24/7, both shall remain open to accept transmitted transactions for settlement on April 24, 2023. 3. All other services such as PDDTS RTGS, VP, PDDTS-EOD and PAS6 shall be closed. 4. Morning returns cut-off of CICS transactions processed on April 20, 2023 will be extended until 8:00 AM of April 24, 2023. 5. Please be guided accordingly.

February 23, 2023 T O : All Clearing Banks/Institutions R E : NO CLEARING AND SETTLEMENT ON FEBRUARY 24, 2023 1. Corollary to PhilPaSS Advisory No. BPU-2023-005 dated Feb 23, 2023, please be informed that PCHC offices will likewise be closed on February 24, 2023 and will resume clearing operations on Monday, February 27, 2023. 2. As CICS and PESONet platforms are open 24/7, both shall remain open to accept transmitted transactions for settlement on February 27, 2023. All other systems shall be closed. 3. Morning returns cut-off of CICS transactions processed on February 23, 2023 will be extended until 8:00 AM of February 27, 2023. 4. CICS transactions already received today for February 24, 2023 settlement, prior to the tagging of holiday, will be processed separately, for value date February 27, 2023. As such there will be two (2) clearing files for February 27, 2023. 5. Please be guided accordingly.

February 23, 2023 T O : All Clearing Banks/Institutions R E : NO CLEARING AND SETTLEMENT ON FEBRUARY 24, 2023 1. Corollary to PhilPaSS Advisory No. BPU-2023-005 dated Feb 23, 2023, please be informed that PCHC offices will likewise be closed on February 24, 2023 and will resume clearing operations on Monday, February 27, 2023. 2. As CICS and PESONet platforms are open 24/7, both shall remain open to accept transmitted transactions for settlement on February 27, 2023. All other systems shall be closed. 3. Morning returns cut-off of CICS transactions processed on February 23, 2023 will be extended until 8:00 AM of February 27, 2023. 4. CICS transactions already received today for February 24, 2023 settlement, prior to the tagging of holiday, will be processed separately, for value date February 27, 2023. As such there will be two (2) clearing files for February 27, 2023. 5. Please be guided accordingly.

February 28, 2023 TO : All PESONet Participant Banks/Institutions RE : TERMINATION OF UCPB PARTICIPATION IN PESONet 1. In connection with the merger of Land Bank of the Philippines (LBP) and United Coconut Planters Bank (UCPB) with LBP as the surviving entity, please be informed that the extended retention of UCPB's Demand Deposit Account (DDA) maintained at the Bangko Sentral ng Pilipinas (BSP) shall be terminated starting March 02, 2023. 2. As such and pursuant to the advice of the Philippine Payment Management, Inc. (PPMI) and of LBP, all UCPB transactions received in PESONet, i.e., both outward and inward, will be rejected as the bank's (UCPB) participation in PESONet shall be deactivated effective on said date. 3. Kindly update your respective PESONet participant directories and disseminate to all your branches/offices. 4. Please be guided accordingly.

April 03, 2023 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 BDO - SM City Bataan 06053-039-0 G/F, Area Code 1085b & 1088, SM City Bataan, Lerma St., Brgy. Ibayo, City of Balanga, Bataan FCB - Roxas, Oriental Mindoro 38078-002-4 HC Commercial Centrum Corporation Building Morente Street, Bagumbayan, Roxas, Oriental Mindoro Asia United - Pasay Leveriza 01102-154-4 Ground Floor, Trium Square Bldg., Sen. Gil Puyat Ave., corner Leveriza, Pasay City BDO NB - Cebu-Argao 02118-012-9 G/F, Graziane 3 Commercial Bldg., San Miguel St., Brgy. Poblacion, Argao, Cebu BDO NB - Pampanga-Sto Tomas 06118-009-5 G/F, Novo Dept. Store, Mc Arthur Highway, Brgy. San Matias, Sto. Tomas, Pampanga BDO NB - Dinagat Islands- 21118-004-9 Purok 1, Brgy. Poblacion, San Jose, San Jose Dinagat Islands BDO NB - Cagayan - Claveria 23118-007-4 G/F, Flores Bldg., Gen. Claveria St., Brgy. Centro IV, Claveria, Cagayan BDO NB - Masbate-Cataingan 37118-002-8 Quezon St., Brgy. Poblacion, Cataingan, Masbate BDO NB - Leyte - Isabel 39118-004-0 G/F, CCT Bldg., Osmeña St., Brgy. Sto. Niño, Isabel, Leyte BDO NB - Bukidnon - Kibawe 51118-006-6 G/F, Units 1 & 2, Richard - Nene Commercial Bldg., Sayre Highway, Purok 2, West Kibawe, Kibawe, Bukidnon BDO NB - Bukidnon-Kalilangan 51118-007-9 Purok 7, Central Poblacion, Kalilangan, Bukidnon BDO NB - Negros Occidental 70118-003-8 G/F, Commercial Bldg., National - Cauayan Highway, Purok 9, Brgy. Poblacion, Cauayan, Negros Occidental 1.2. Relocation/Change in Branch Name and/or Address BRSTN BANK/BRANCH NAME FROM TO 01008-037-9 PNB – Pasay - Roxas Blvd Suite 101 CTC Bldg., 2232 Benjas Realty Building, Roxas Blvd., Pasay City 7 San Luis Street, corner Service Road, Roxas Blvd., Brgy. 12, Pasay City 01008-260-7 PNB Cainta - San Isidro – G/F RRCG Cainta - RS City Square – Transport Bldg., Km. 18, Ortigas G/F Unit RSJ - 0107C, RS Ave Ext, Brgy. San Isidro, Cainta, City Square Junction, Rizal Ortigas Avenue Extension, Barangay Sto. Domingo, Cainta, Rizal 06008-004-4 PNB – Pampanga Poblacion, Macabebe, G/F Macabebe Market Place - Macabebe Pampanga along National Road, Brgy. Sta. Rita, Macabebe, Pampanga 23008-006-5 PNB – Cagayan- Tuguegarao City, Cagayan Bonifacio St., Brgy. Centro 1, Tuguegarao-Brickstone Tuguegarao City, Cagayan Mall 02011-004-8 PBCom Mandaue - Basak Cebu Lapu - Lapu 02035-004-4 LBP – Bogo Bogo City, Cebu Ground Floor Bogo City Centrum, Barangay Taytayan, Bogo City, Cebu 01062-073-9 East West South Triangle–Quezon Ave., Quezon Avenue - Sgt. cor. Scout Albano, Quezon City Esguerra – G/F, Meriton One Building, 1668 Quezon Avenue, Quezon City 01102-128-5 Asia United – Pasay 157 Sen. Gil Puyat Avenue, 3001 Traders Hotel, Vito Buendia Pasay City Cruz cor. Roxas Blvd., Pasay City 01102-153-1 Asia United Domingo Guevarra Domingo Guevara Mandaluyong – Unit 101 Royal Mandaluyong – Unit 101 Plaza Building, Brgy. Highway Royal Plaza Building, No. Hills, Mandaluyong City 14 Domingo M. Guevara Street, Brgy. Highway Hills, Mandaluyong City 03118-036-8 BDO NB – Tagum-Public Circumferential Road, Tagum Cacayorin Bldg., Purok Market City Bayanihan, Magugpo West, Tagum City 1.4. Deletion of the following branches BANK BRANCH NAME BRSTN UBP - 8741 Paseo De Roxas 01041-200-2 UBP - Northeast Greenhills 01041-201-5 UBP - Cebu Ayala FGU 02041-027-2 1.5. Inclusion of the following branches in the list of BIR AABs BANK BRANCH NAME BRSTN LBP - Pasong Tamo Extension 01035-160-0 LBP - Gov. M. Cuenco Ave. 02035-025-1 LBP - Jones Avenue 02035-026-4 LBP - Mabolo 02035-028-0 LBP - Floridablanca Branch Lite 06035-020-8 LBP - Iligan Plaza 18035-007-8 2. Pursuant to CICS OM No. 17-004 dated 18 January 2017, the aforementioned updates will be implemented effective April 03, 2023. 3. For your information and guidance.

March 23, 2023 T O : All Clearing Banks/Institutions R E : CICS FRONT-END SYSTEM’S LICENSE AND MAINTENANCE COSTS ADJUSTMENT 1. We received notice from our CICS front-end service Vendor that it will implement a 20% rate increase starting April 1, 2023 in the cost of software license and maintenance support which PCHC provides to participants availing the service. 2. As such and effective April 1, 2023, the CICS Front-End System’s (web-based backup FES utilized primarily by Clearing Subscribers and used as backup by other member banks) License and Maintenance Costs shall be adjusted accordingly depending on the number of licenses acquired , as follows: Number of Licenses One-Time Enrolment Fee/ Monthly Maintenance License (PHP) Fee/license (PHP) 1-10 42,000.00 1,080.00 11-25 38,400.00 1,080.00 26-50 36,000.00 1,080.00 51-75 32,400.00 1,080.00 76-100 28,800.00 1,080.00 Over 100 24,000.00 1,080.00 3. We trust for your understanding and continued support.

March 16, 2023 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 participants banks/BRSTN Register and Operating parameter, viz: 1.1 New Clearing Participants BANK/BRANCH BRSTN ADDRESS SBC - Intramuros 01014-224-6 Ground Floor, The Herald Building, Muralla Street near corner Anda, Intramuros BDO - San Pablo-Angeles Heights 31053-039-6 Ground Floor, Units 1- 3, LLT Building, Maharlika Highway, Barangay 1-B, San Pablo City, Laguna BDO NB - Cebu-San Remigio 02118-011-6 G/F, C - Barte Commercial Bldg.,National Road, Brgy.Poblacion, San Remigio, Cebu BDO NB - Davaode Oro - Mawab 03118-042-3 G/F, Jermia Commercial Building, Purok 8, Poblacion, Mawab, Davao de Oro BDO NB - Leyte-Carigara 11118-007-1 G/F, Units 3-5, Commercial Bldg., Reclamation Blvd.,Brgy. Ponong, Carigara, Leyte BDO NB - Cagayan - Sta. Ana 23118-009-057 National Highwaycorner Pine St., Brgy. Centro,Sta. Ana, Cagayan BDO NB - Sarangani - Maitum 24118-010-3 G/F, Public Market, PurokRang-ay, Brgy. Malalag, Poblacion Maitum, Sarangani BDO NB - GeneralSantos - Calumpang 24118-011-6 G/F, Bldg. 1, Doors1 & 2, EMS Commercial Complex, National Highway, Calumpang, General Santos City BDONB - Misamis Occidental - Calamba 76118-002-32046 Militante St., Don Bernardo Neri, Calamba, Misamis Occidental 1.2 Relocation/Change in Branch Name and/or Address BRSTN BANK/BRANCH NAME FROM TO 02035-006-0 LBP Mepza– GSO Bldg., Mactan – Ground Floor MCIAA ML QuezonNat’l. Highway, Corporate Auxiliary Bldg., Mactan - Brgy. Pajo, LapulapuCity, Cebu Cebu International Airport, AirportRoad, Barangay Pusok,Lapulapu City, Cebu 01049-005-3 USB Sta. Cruz – M.F. Tiaoqui Bldg., Banaue – G/F PPSTADormitory Plaza Building, 245 Banaue St., Sto. Sta. Cruz, Sta.Cruz, Manila Domingo, Quezon City 01103-012-4 CityState – Muntinlupa 10 National Road, Km. 30 National Road, Lodora Brgy.Putatan, Village, Barangay Muntinlupa City Tunasan, Muntinlupa City 23121-001-2 BMI – Tuguegarao Rizal St., Corner Gomez St., Door #4 MYL Building, Luna Street Tuguegarao City, Cagayan corner Del RosarioStreet, Centro 02, Tuguegarao City, Cagayan 1.3 Inclusion of the following branches in the list of BIR AABs BANK BRANCHNAME BRSTN PNB - Paranaque - Oyster Plaza 01008-151-4 PNB - Paranaque - East Service Road 01008-160-8 PNB - Paranaque - Sucat - Evacom 01008-173-4 PNB - Bulacan - Obando 13008-023-3 PNB - Oriental Mindoro - Pinamalayan 38008-002-5 PNB - Oriental Mindoro - Bongabong 38008-005-4 LBP - SM City Cebu 02035-029-3 LBP - Urdaneta - Perez Avenue 05035-016-6 LBP - CDO- Cogon 10035-010-0 LBP - Baguio- Calderon 12035-004-1 LBP - SanFernando - SouthHighway 15035-004-0 LBP - Lemery Ilustre Avenue 19035-012-3 2. Pursuant to CICS OM No. 17-004 dated 18 January 2017 the aforementioned updates will be implemented effective March 16, 2023. 3. For your information and guidance.

March 13, 2023 TO: All Clearing Banks/Institutions RE: CLARIFICATION ON THE ISSUANCE OF CICS OM NO. 23-041 1. We wish to clarify that CICS Operating Memo (OM) No. 23-041, dated March 8, 2023, was issued primarily to update CICS OM No. 17-012, dated February 14, 2017. 2. Similar to CICS OM No. 17-012 which covered auto-returned items, CICS OM No. 23-041 is intended to provide a workaround re-presentment procedure for a Presenting Bank to avail of when it receives now a rejection report of "Item already presented" which, however, turns out to be referring to a False Duplicate Item. 3. For purposes of this Memo, a False Duplicate Item is a Regular Clearing Item captured in a Presenting Bank's Frontend system and transmitted to CICS and flagged by the system to be an "Item already presented" due to the similarity of its Electronic Payment Information (PI) to the EPI of another item earlier stored in the archive facility of the CICS Backend. It could be that the earlier-transmitted/archived item shows an inadvertently misread/erroneous check number making the newly/subsequently presented item appear to be a duplicate. 3.1. Prior to AWS Cloud migration, automated validation of duplicate items happened locally at the PBM servers of the participant banks. Thus, two or more items bearing similar Check Number, Drawee BRSTN and Drawee Account Number could be transmitted separately from different PBM servers and be received successfully in CICS. When these similar items were received at the Drawee Bank's PBM server - with duplicate checking process in effect, similar items received after the first were auto-returned within the 4- day duplicate validation period. CICS OM No. 17-012 then effectively provided the work-around process for any auto-returned item that was actually a False Duplicate Item, that is, 2nd presentment via a Charge Slip. 3.2. After the AWS Cloud migration, IC file validation is now done centrally and as a result, an item received at the CICS Backend that shows similar EPI to one that is already in the CICS archive, will be rejected by the system (i.e., without intervention of the Drawee Bank) citing the reason: "Item already presented." Since the False Duplicate Item will surely be rejected again if re-presented, sending it as re-clearing on first presentment will allow for another presentment in case it is returned for a reason that allows re-clearing; hence, the need for the issuance of CICS OM No. 23-041 to update the operating procedure to handle False Duplicate Items. 3.3. With the Presenting Bank prevented from re-presenting a False Duplicate Item, its use of a re-clearing procedure on first presentment as work-around technically provides an opportunity for a second presentment in case of technical or funding issues that still allow re-presentment. Thus, CICS OM No. 23- 041 provides the use of Charge Slip for the 2nd presentment. 4. While these operating memos provide handling procedures for duplicate items, they are primarily aimed at addressing False Duplicate Items with the work-around in order to complete their transmission and/or re- presentment. 5. On the other hand, CICS OM Nos. 20-033 and 21-037 pertain to Settlement Procedures in a multiple presentment scenario where a Drawee Bank seeks reimbursement for financial loss due to double/multiple payments which, incidentally, occurred a number of times prior to the AWS Cloud migration as only a 4-day duplicate detection was then available. 6. We trust we have clearly differentiated the work-around procedures (under CICS OM Nos. 17-012 & 23-041 to complete a transmission of a False Duplicate Item) from the settlement procedures (under OM Nos. 20-033 & 21- 037 for the recovery by the Drawee Bank of financial losses resulting from multiple presentments of clearing items).

March 08, 2023 To: All Clearing Participation Banks/Institutions Re: HANDLING OF DUPLICATE ITEMS DETECTED BY THE CICS BACKEND 1. The CICS Migration to the AWS Cloud on November 7, 2022 has effectively extended the period of detection of duplicate transactions from 4 days to 180 days. 2. With the central validation now done at the CICS Backend, all inward Regular Clearing Items showing similar Electronic Payment Information or MICR Information (EPI/MICR Information): i.e., Check number and Drawee Bank's BRSTN and Drawer's account number, are rejected by the clearing system with the reason: "Item already presented" for the information of the Presenting Bank. 3. While the 180-day period of duplicate detection effectively blocks the processing of clearing items representing Duplicate Checks, a CICS Backend report of "Item already presented" may not always be indicative of presentment of a Duplicate Check as, at times, such a report could be the result of misreads of the Presenting Bank's CICS Frontend of the EPI/MIC Information on a Check earlier presented or currently processed, giving rise to a "False Duplicate Item". 4. False Duplicate Items pose presentment issues to the Presenting Banks considering that there is a limitation set by the rules on the number of times a check is allowed to be re-presented or re-cleared, as provided in Section 21.1 of the Check Image Clearing System Rules and Regulations (CICSRR) which says that - "21.1. A returned Check may be presented again for clearing as a CICS Item. Such Check can be re-cleared only once thru the original Presenting Clearing Branch/Unit or the branch of account and under the same depository account." and 5. To provide a work around procedure and to address this issue in case a Regular Clearing Item is rejected during transmission for the reason: "Item already presented", the Presenting Bank shall: 5.1. login to the web portal (https:\\cpacsweb.pchc.com.ph) and search if an item in the CICS Archive with the same EPI/MICR Information as that of the rejected Regular Clearing Item exists; 5.1.1. if an identical outward item is found, the Presenting Bank shall validate further if the Regular Clearing Item being presented/rejected represents- 5.1.1.1. an item it previously transmitted, then the item should no longer be retransmitted as it represents an item that had already been successfully transmitted previously from another PBM of the Presenting Bank; or 5.1.1.2. a re-clearing item that was not tagged as such (presentment value is still 0) in the CICS front end, then batch it again as an item for re-clearing in the CICS Frontend and re-transmit; or 5.1.1.3. a valid re-clearing item tagged as re-clearing on its initial presentment to enable transmission of a False Duplicate Item, then refer to item 6.2.1 below to handle its re-clearing. 5.1.2. if no identical outward item is found in the CICS Archive despite the CICS Backend report of "Item already presented", call the Head Office/Central Clearing of the Drawee Bank and inquire if said item information exists. 6. Verification by the Drawee Bank of an "Item already presented" can be performed by searching in the web portal (https:\\cpacsweb.pchc.com.ph) the item covered by the Presenting Bank's inquiry for it to confirm whether or not the subject item is a False Duplicate item. 6.1. If the Drawee Bank responds to the inquiring Presenting Bank that the rejected Regular Clearing Item is a true Duplicate Item (since a clearing item with identical Check Image and/or EPI/MIC Information had already been presented or is being presented) the relevant Original Check (i.e., the physical Check deposited with the Presenting Bank) may be returned by the Presenting Bank to the depositor if custody of such check is not explicitly requested by the Drawee Bank, cancelling the deposit transaction; 6.2. If the Drawee Bank responds to the inquiring Presenting Bank that the rejected Regular Clearing Item is a False Duplicate Item, the Presenting Bank may transmit for re-clearing the rejected Regular Clearing Item using a Re-Clearing Batch as a workaround. 6.2.1. After the successful transmission of a False Duplicate Item as re-clearing, should it be dishonored due to funding issues (i.e., DAI), for instance, representment of the item, if requested by the Depositor, should be made by the Presenting Bank by sending a Charge Slip (i.e., should not be as part of Re-Clearing Batch) because system limitation prevents further representment of the item even if the return reason allows representment. 6.2.1.1. Details of the Charge Slip should indicate the following information: "Presentment of an item initially transmitted using re-clearing batch on (date of initial presentment) due to a False Duplicate detection." 7. The affected Presenting Bank may get from the Drawee Bank the relative information on the Presenting Bank that misread the EPI/MIC Information on the relevant Check and impose an inconvenience fee against the erring Presenting Bank via charge slip. The fee to be collected shall be the amount of the item multiplied by the average IBCL rate for the day (minimum of Php1,000.00). 8. This supersedes OM No. 17-012 dated February 14, 2017. 9. Inward Regular Clearing Items that show identical Check Image and Electronic Payment Information (Check number, Drawee Bank's BRSTN, Drawer's account number) is indicative of duplicate or multiple presentments of a Check or the existence of a Duplicate Check or Counterfeit Check as these terms are defined in items 16 and 20, respectively, of Section 2 of the CICS Rules and Regulations in which case Sections 18 and 19 and related issuances shall apply for its/ their handling. 10. Please be guided accordingly.

March 01, 2023 TO: All Clearing Banks/Institutions RE: 1. NEW CLEARING PARTICIPANTS/BRSTN REGISTER UPDATES 2. NOTICE FROM LAND BANK OF THE PHILIPPINES 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 - Product Implementation Unit 01026-450-6 Metrobank Plaza Sen. Gil Puyat Avenue Brgy Urdaneta, Makati City BDO-Lucena-Mayao 14053-013-9 Units 1 to 4, Ground Floor, JM-A Building, Maharlika Highway, BarangayKanluran Mayao, Lucena City, 4301 Quezon FCB - Boac, Marinduque 38078-003-7 M. Kasilag Street, Tampus (Poblacion) Boac, Marinduque 4900 ASIA UNITED - Domingo Guevarra 01102-153-1 Mandaluyong Unit 101 Royal Plaza Building #14 Domingo M Guevarra Street Brgy Highway Hills Mandaluyong City BDO NB - Ilocos Norte - Paoay 17118-005-3 G/F, No. 20 National Road, Brgy. Paratong, Paoay, Ilocos Norte BDO NB - Palawan - Roxas 35118-006-4 G/F, Commercial Bldg., Roxas St., Brgy. 4, Roxas, Palawan 1.2 Relocation/Change in Branch Name and/or Address BRSTN BANK/BRANCH NAME FROM TO 01011-039-1 PBCom F1 BGC Menarco Tower 01014-110-8 SBC – Banawe - Malaya G/F GLC Bldg., Banawe cor. No. 655 & No. 663 Malaya St., Quezon City MARO RLMC Bldg., Banawe Street, Brgy. St. Peter, Quezon City 02014-016-0 SBC Cebu Tabunok Tabunok 03022-001-2 Maybank Davao – Dacudao Bldg., Davao Monteverde C.M. Recto St., Davao City – G/F Sales Retail and Offices Building, Monteverde corner Sales Street, Davao City 1.3 Deletion of the following branches BANK BRANCH NAME BRSTN CBC - Pasig - Pineda 01010-200-8 UCPB - Trade Services Dept. 01029-995-3 MALAYAN - Urdaneta City 05082-002-3 1.4 Pursuant to CICS OM No. 17-004 dated 18 January 2017, the aforementioned updates will be implemented effective March 01, 2023. 2. We received notification from Land Bank of the Philippines (LBP) that the extended retention by BSP of the DDA of United Coconut Planters Bank (UCPB) after its merger with LBP will only be until March 1, 2023. Effective March 2, 2023, settlement of UCPB’s Net Clearing Results shall be posted to LBP DDA in PhilPaSSplus. In view of the foregoing, LBP advised in its letter dated February 27, 2023 that it shall continue to honor and accept UCPB Checks bearing the bank code “029” until further notice 3. For your information and guidance