Results 1 to 8 of 8
-
November 11th, 2010 08:44 PM #1
FYI lang... to whom it may concern.
Starting Jan 1, 2011. All banks as mandated by BSP Circular 681, will be implementing a (almost) same day clearing protocol. Unfunded cheques will be returned immediately the next banking day.
Fees and penalties may still apply. Mas mahigpit na. I got the gist of the memo but it's hard to explain, baka may ma-miss ako. For those concern, mas maige to ask your bank's personnel.
Just a friendly reminder sa mga Cheque users dito.
-
BANNED BANNED BANNED
- Join Date
- Jul 2010
- Posts
- 1,114
November 11th, 2010 09:12 PM #2that's good news. good as cash na ang checque. okey na okey sa business eto
-
November 11th, 2010 09:15 PM #3
meaning lahat pala ng bangko, kala ko BDO lang, BDO started to send letters as early as September pa.
http://www.bsp.gov.ph/regulations/re...type=1&id=2506
-
November 11th, 2010 10:07 PM #4
Everyone will have a greater respect for the personal cheque....
11.2K:bee:
-
November 11th, 2010 10:09 PM #5
yup... atleast magagamit mo agad ang pera or malalaman agad kung talbog o hindi...
-
November 11th, 2010 10:58 PM #6
yup, kaso wala nang habol habol kung sakali makalimot ka mag pondo. Happened to me minsan. nakakainis mag penalty. hahaha
pero ngayon ata, if NS funds ka, bayad ka na lang ng penalty para di ma close account, pero returned cheque pa din sya.
-
-
Tsikot Member
- Join Date
- Jul 2008
- Posts
- 1
November 15th, 2010 11:04 AM #8
*jimnyeatworld - the way it was presented to us by our BM was that, we should be funding our cheques on the same date (in case tight tayo) coz we wont be given a chance to fund it the next day.
However, kung tayo naman ang receipient ng cheque and we deposit it in our account, it still goes thru the regular 3 day clearing (in cases that you have different banks with the issuer), basically walang effect sa depositor ang new ruling, but it denies the issuer the "window" to fund the cheques after the deposit date.
For me its going to be really tight, bantayan ng issuance & collectibles, mukang yung banks lang ang nag-benefit
Just a moment... just checked my vin. mine not affected. i read somewhere 2018-2019...
Suzuki JIMNY [merged threads]