Implementing Guidelines for the Change in the Mode of Compliance with the Liquidity Reserve Requirement from Holding Government Securities Bought Directly from the Bangko Sentral ng Pilipinas to Placing Term Deposits in the Reserve Deposit Account

DEBIT/CREDIT AUTHORITY FORMAT ANNEX 1 ORDINARY WHITE PAPER 2 COPIES (COUNTERPARTY’S LETTERHEAD) DATE: ________________ TREASURY DEPARTMENT TREASURY SERVICES GROUP – DOMESTIC BANGKO SENTRAL NG PILIPINAS GENTLEMEN: THIS IS TO CONFIRM OUR RESERVE DEPOSIT ACCOUNT (RDA) PLACEMENT WITH YOUR OFFICE, DETAILED AS FOLLOWS: VALUE DATE TERM MATURITY DATE RATE PRINCIPAL AMOUNT GROSS INTEREST W ITHHOLDING TAX LIQUIDITY RESERVES FOR Deposit Liabilities & Deposit Substitute (PLEASE CHECK ONE) TOFA - Others CTF ACCORDINGLY, PLEASE DEBIT OUR REGULAR DEMAND DEPOSIT ACCOUNT WITH YOURSELVES ON VALUE DATE FOR THE PRINCIPAL AMOUNT OF _______(AMOUNT IN W ORDS)__ _________( P ) AND CREDIT THE SAME ACCOUNT ON MATURITY DATE THE AMOUNT OF ______(AMOUNT IN W ORDS)_____ (P ) REPRESENTING FULL PAYMENT OF THE PRINCIPAL PLUS INTEREST (NET OF APPLICABLE WITHHOLDING TAX) THEREON. VERY TRULY YOURS, (AUTHORIZED SIGNATORY)1 (AUTHORIZED SIGNATORY)2