Legal Insights

Plain-language guides and case briefs on Philippine law — researched from the firm's law library of 184,000+ statutes, Supreme Court decisions, and agency issuances, and written so non-lawyers can understand and act on them.

Showing 1–3 of 3 articles for “clearing house”

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Oct 12, 2020 garnishment banking law quasi-delict central bank clearing house employer liability

Garnishment and Legal Compensation in Banking: The BPI v. Central Bank Case

Learn how the Supreme Court ruled on bank liability, garnishment, and clearing house operations in BPI v. Central Bank.

Sep 10, 2014 commercial-law negotiable-instruments bank-liability altered-checks collecting-bank deposits

Altered Checks and Bank Liability: Who Pays the Price of Forgery

When a bank clears an altered check, who bears the loss? The Supreme Court clarifies liability rules in Areza v. Express Savings Bank.

Aug 31, 1998 arbitration banking law philippine clearing house corporation third-party complaint civil procedure check disputes

Mandatory PCHC Arbitration for Bank Check Disputes in the Philippines

Philippine banks must settle check clearing disputes through PCHC arbitration before going to court, as explained in Allied Banking v. Court of Appeals.