17 March 2020 TO : All Clearing Banks/Institutions RE : EXTENSION OF MARCH 17, 2020 CHECK CLEARING OPERATIONS 1. Due to the closure of the Philippine Financial Markets today, March 17, 2020, arising from the implementation of the Luzon wide ‘Enhanced Community Quarantine’, please be informed that PCHC Check Clearing Results today shall be value dated tomorrow March 18, 2020. 2. Kindly make necessary advisory to your respective clients. 3. In connection with the foregoing situation, today’s business date in CICS shall be declared a holiday and as such, all transactions sent by the banks today will be included in the next day’s settlement, i.e. March 18, 2020. 4. Banks should expect two (2) sets of clearing reports and files, i.e. one for March 17, 2020 and another for March 18, 2020. 5. MTF and Clearing Reports for March 17, 2020 shall be made available earlier before the 1:30 PM cut-off tomorrow. 6. There will be NO AM Returns processing on March 18, 2020. 7. Returnable items processed on March 17, 2020 must be returned only via CICS after the 1:30 PM cut-off on March 18, 2020 to ensure that returned items will be included in the AM Returns Clearing on March 19, 2020. 8. Expect two (2) sets of AM Clearing Reports and Files on March 19, 2020. 9. Please be guided accordingly.

October 27, 2020 T O : All PDDTS Participant Banks/Institutions R E : PARTICIPATION OF FIRST COMMERCIAL BANK IN THE PDDTS 1. We are pleased to announce the participation of First Commercial Bank, Ltd. (First Bank) in the PDDTS RTGS/PVP effective October 30, 2020. 2. First Bank will use its BIC: FCBKPHMMXXX. 3. Please include the said bank in your respective PDDTS participants’ directory and disseminate to your respective branches/offices. 4. For information and guidance.

October 19, 2020 T O : ALL PDDTS Participant Banks/Institutions R E : UPDATE ON THE ISSUANCE OF ST3 TOKENS 1. Further to PDDTS MC No. 2020-062 dated 05 October 2020, we wish to inform that PCHC has started ordering the ST3 Tokens from its accredited supplier to fast track the delivery and implementation of Two-Factor Authentication. 2. For PDDTS-RTGS, PCHC will be providing FOUR (4) units of ST3 Token to every participant bank FREE of charge while succeeding units shall billed at Php 1,000.00 per unit of ST3 Token. 3. We wish to remind that every “active” user defined in PDDTS such as Admin, Authorizer, Maker and Viewer role must have an ST3 token each to be able to access the PDDTS once the Two-Factor Authentication is implemented. 4. In order for PCHC to start the initial procedures for the issuance of ST3 Token certificates in the PCHC Certification Authority (PCHC CA), we are requiring all participant banks to submit the information of PDDTS-RTGS end users to PCHC as required in the enrolment process. 5. Kindly accomplish the attached PDDTS Request Form/Spreadsheet for the Issuance of ST3 Token Certificate and submit in “EXCEL” format via email addressed to Mr. Renie Sugano at reniesugano@pchc.com.ph on or before 30 October 2020. 6. We count on the full support of all participants.

20 April 2020 T O : All PDDTS Participant Banks/Institutions R E : INSPECTION OF THE PHILIPPINE DOMESTIC DOLLAR TRANSFER SYSTEM (PDDTS) - GROSS SYSTEM REAL-TIME (GSRT) FRONT-END APPLICATION 1. We are pleased to announce the availability of the Front-End Application of the PDDTS GSRT for user inspection by all PDDTS participants. 2. As expressed to the Bankers Association of the Philippines (BAP), PCHC shall progressively introduce the following features in order to manage the inspection period, viz: PDDTS Component Projected Availability Date Admin and Login 04/20/2020 Manual Data Entry 04/22/2020 Interface Files 04/27/2020 PvP 05/04/2020 3. The PDDTS GSRT Front-End Application may be accessed via https://pddtsuat.pchcdev.com. The Admin access user name and password for each participant bank will be sent individually to those that have successfully accomplished the PDDTS Access Request Form distributed last 05 March 2020. 4. User Acceptance Testing (UAT) exercise is scheduled to take place between 18 May 2020 and 22 May 2020. All PDDTS participants are expected to have inspected, and implemented necessary operational or technical updates to their internal processes by this time to be able to participate in this UAT exercise. 5. Live Date for the transition to the PCHC-operated PDDTS GSRT remains unchanged and will definitely take place on 17 August 2020. 6. To further discuss the features of the PDDTS GSRT Front-end, PCHC shall hold an online videoconference on 22 April 2020 at 10:00am. As invitation to participate shall be sent via email, PDDTS participant member banks may send email of their respective participants (2-3 for each bank) to monetpaguirigan@pchc.com.ph on or before 4:00 PM 21 April 2020. 7. We look forward to your participation.

March 18, 2020 T O : All PDDTS Participant Banks/Institutions R E : RESUMPTION OF PDDTS BATCH END-OF-DAY OPERATION 1. Per text message received today from the Settlement Bank (Citi), we are pleased to inform that PDDTS Batch End-of-Day Operation resumes today. 2. PDDTS shall observe early cut-off time (2:00 PM) as announced on March 16, 2020 until further notice. 3. Please be guided accordingly.

March 17, 2020 T O : All PDDTS Participant Banks/Institutions R E : SUSPENSION OF PDDTS BATCH END-OF-DAY OPERATION 1. Please be informed that PDDTS Batch End-of-Day Operation will be closed today March 17, 2020. 2. This is in line with Citibank’s decision to close its windows for US$ settlements in view of PDS suspension of its payment and transfer systems operation today. 3. Please be guided accordingly.

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.

24 February 2020 T O : All PDDTS Participant Banks/Institutions R E : THE NEW PDDTS GROSS SETTLEMENT REAL TIME (GSRT) SYSTEM 1. Further to PDDTS MC No. 2019-56 (RE: PCHC as the new PDDTS-GSRT Operator) issued on December 19, 2019, please be informed that PCHC shall be conducting a briefing about the subject on Thursday March 5, 2020 9:30 AM at the Makati Sports Club-Ayala Banquet Hall, L.P. Leviste corner Gallardo Sts., Salcedo Village Makati City. 2. Agenda will include the following topics: · The New PDDTS GSRT System · Changes on the Current GSRT/Payment vs. Payment (PvP) Process · Demo of the new PDDTS Front-End Application · Gridlock Resolution · Business Continuity Plan 3. We shall allow three (3) representatives from each participant institution to attend the briefing preferably from the following units of the bank: · Treasury Operations · Information Technology · Concerned Business Unit 4. You may send name of your representative to Ms. Monet Paguirigan at monetpaguirigan@pchc.com.ph on or before Wednesday March 4, 2020. 5. We look forward to all participant bank’s attendance/representation.

April 23, 2020 T O : All PESONet Participant Banks/Institutions R E : PARTICIPATION OF HSBC SAVINGS BANK, INC. IN THE PESONET 1. We are pleased to announce the participation of HSBC Savings Bank, Inc. (HSBC SB) in the Phil. EFT System Operation Network (PESONet) ACH effective April 30, 2020. 2. HSBC SB has an assigned BRSTN 01089-999-7 and will use its BIC: HBPHPHMMXXX. 3. Please include said bank in your PESONet participants’ directory and disseminate to your respective officers/business units.

October 29, 2020 T O : All PESONet Participating Banks/Institutions R E : REMINDER ON THE IMPLEMENTATION OF ENHANCED INTERFACE FILE 1. We wish to remind all PESONet participants on the implementation of the Enhanced Interface File format (EIF) beginning February 1, 2021. 2. As agreed in the PESONet ACH Steering Committee, the February 1, 2021 cutover date is non-extendable. This means that beginning this date, a participant should be sending PESONet transactions that follows one standard ISO 20022 format whether sent in EIF, via API or via the PESONet front-end. 3. PCHC will continue to accept and convert the EPCS and PhilPaSS Remit file formats through the PESONet Front-End until January 31, 2021 only. In the meantime, a number of PESONet participants have begun to use the EIF format and are beginning to benefit from the expanded field lengths the format offers. 4. As was mentioned before, banks that are still not using the PESONet Enhanced Interface File formats, must take note that: a. The transition from the EPCS and PhilPaSS Remit file formats to PESONet Enhanced Interface File format is being made to address issues with truncation and duplication of OFI Reference Numbers that has been discussed in several meetings of the PESONet Operations Sub-Committee. b. The EIF eliminates the issue by shifting the identifier of a transaction from the OFI Reference Number to the Universally Unique Identifier (UUID). c. Banks that are using the EIF will now be able to uniquely identify a transaction on the basis of the UUID and provide status accordingly. d. Banks that do not use the EIF will continue to experience issues that are associated with the truncation of OFI Reference Numbers. The EIF allows for reference numbers of up to 35 characters. This means that transactions whose reference numbers are truncated need to be provided with status manually through the PESONet Front-End Application. 5. To assist banks that are not yet on EIF and to prevent potential delays and other operational issues, PCHC has temporarily provided a workaround that will allow matching of the 16-character OFI Reference Numbers in the EPCS format with the 35-character OFI Reference Numbers in the EIF format.