Central Bank watchlist
CBP MEMORANDUM Series of 1992
To: Authorized Agent Banks
Effective immediately, MAAB No. 01 dated February 06, 1991 is hereby amended so as to delete from the Central Bank watchlist the following:
1. AVSL Garments, Inc. 2. Rogelio R. San Luis 3. Angelita V. San Luis 4. Nonet Jaconob 5. Edge Apparel, Inc. 6. Alfredo H. Franco 7. Juanita Y. Franco
Accordingly, all export declarations/permits (EDs/EPs) covering exports of any commodity and applications for the purchase of foreign exchange for whatever purpose that may be filed by said firms/persons may be given due course by authorized agent banks without need of referral to Central Bank, provided such applications comply with all other Central Bank rules.
Moreover, the use by said firms/persons of the Central Bank rediscounting facility as well as the foreign currency loan facility under Circular No. 1317 dated December 11, 1991, is hereby restored.
JOSE L. CUISIA, JR. Governor
More in BSP Memoranda
- Guidelines on the Submission of the Updated Report on Non-Deliverable Forward (NDF) Transactions(BSP Memoranda No. M-2011-028)
- Deferral of Live Submission of the Financial Reporting Package (FRP) version 16(BSP Memoranda No. M-2026-028)
- Guidance on the Adoption of Chip and Personal Identification Number (PIN) as Cardholder Verification Method for EMV-Compliant Philippine-Issued Debit Cards(BSP Memoranda No. M-2016-011)
- List of Financial Products Being Cross Sold(BSP Memoranda No. M12192005)
- MB Resolution No. 1486 dated 25 September 2014 Placement of the Fil-Agro Rural Bank, Inc. Under Receivership(BSP Memoranda No. M-2014-037)
- To prohibit the Cooperative Bank of Misamis Occidental from doing business in the Philippines(BSP Memoranda)
- Enhancements to the Risk-Based Capital Adequacy Ratio (CAR) Report in Relation to Circular 688 dated 26 May 2010(BSP Memoranda No. M-2015-014)
- Guidelines on the Electronic Submission of the Report on Compliance with the Mandatory Agri Agra Credit under R.A. No. 10000 and the updated FRP report(BSP Memoranda No. M-2011-064)
Want an analysis of this document?
Ask ASG Legal AI to summarize it, compare it with other rulings, or explain how it applies to your situation — it researches from this same library.