RMC No. 20-2017 — Advises all Revenue Collection Officers and other concerned personnel not to accept checks as well as taxpayer's checks drawn from Countryside Cooperative Rural Bank of Batangas Digest | Full Text

REPUBLIC OF THE PHILIPPINES DEPARTMENT OF FINANCE BUREAU OF INTERNAT REVENUE February 21.2017 REVENUE MEMORAI{DUM CIRCULAR NO. A.C. ?O/7 SUBJECT Non-acceptance of Checks/Drawn Checks from COUNTRYSIDE TO COOPERATIVE RURAL BAI\K OF BATANGAS, (A Closed Bank) by Revenue Collection Officers All Revenue Collection Officers (RCOs)/ Special Collection Officers (SCOs)/Collection Officers (COs) and Others Concerned For the information and guidance of all concerned. all Revenue Collection Officers (RCOs)/Special Collection Officers (SCOs)/Collection Officers (COs) are herehl'advised not to accept checks. as well as taxpayers'checks drawn from COUI{TRYSIDE COOPERATIVE RURAL BANK OF BATANGAS, with Head Office address at National Road. B.g),. Pallocan Kanluran. Batangas City. in payment of internal revenue taxes. This is in conformitr r,"ith the Bangko Sentral ng Pilipinas (BSP) Monetary Board Resolution No. 55 dated .lanuarl l).2011 prohibiting the subject bank from doing business in the Philippines and placing it under receivership with the Philippine Deposit lnsurance Corporation (PDIC) asthe designated receiver. as stated in the letter dated January 13. 2017 of the Vice-President. Receivership and Bank Management Group of PDIC. The Bank has fiour (4) branches located at the following addresses: Branches Address Balat,an Antorcha St., Balayan. Batangas P. Garcia Poblacion, Padre Garcia, Batangas Tanauan Lemerv GF M.B. Perez Business Center. JP Laurel St." Citv of Tanauan Palanas. Lemery, Batan AS All internal revenue officials and employees concemed are hereby enjoined to gir,'e this Circular as wide a publicity as possible. J*,?-r44,^en CAESAR R. DULAY BIIREAU OT' IMEENAI BSI{ENIiE Commissioner of Internal Revenue J-t /rwf RECISRMD/A/S:RMtU?GZT.AU'40IXllr7ayS'I/O^tN 0041 I B RECEtrVED,, 4 fr