RMC No. 52-2016 — Advises all Revenue Collection Officers not to accept checks as well as taxpayer's checks drawn from ABN AMRO Bank, N.V. - Offshore Banking Unit Digest | Full Text | Annex

REPUBLIC OF THE PHILIPPINES XNTEI'iI\i{t DEPARTMENT OF FINANCE iv{G['" m BUREAU OF INTERNAL REVEI{UE Quezon City April 21. 2016 . REVENUE MEMORANDUM CIRCULARNO 5A- n,lb - SUBJECT: Non-acceptance of Checks/Drawn Checks from ABN AMRO BANK, N.V. offshore Banking unit (ABNAM-OBU) by Revenue Collection offrcers TO All Revenue Collection Officers (RCOs)/ Special Coliection Offrcers (SCOs)/Collection Officers (COs) and Others Concemed For the information and guidance of all concerned, all Revenue Collection Otficers (RCOs)/Special Collection Officers (SCOs)/Collection Officers (COs) are hereby advised not to accept checks, as well as taxpayer's checks drawn from the ABN AMRO BANK, N.V. - Offshore Banking Unit (ABNAM-OBU) with office address at 18th Flr. LKG Tower 6801 Ayala Avenue" Makati City in payment of internal revenue taxes as per Monetary Board Resolution No. 411 dated March 3,2016 of the Bangko Sentrai ng Pilipinas (BSP). in view of the cessation of business operations of the said bank in the Philippines. All intemal revenue officials and employees concerned are hereby enjoined to give this Circular as wide a publicity as possible. J-t