RMC No. 62-2015 — Advises all Revenue Collection Officers not to accept checks/drawn checks from Xavier-Punla Rural Bank, Inc.

BUREAU OF INTERNAL REVENUE REPUBLIC OF THE PHILIPPINES DEPARTMENT OF FINANCE Quezon City RECORDE MGT PIVINION F INTNALU RECEIVED DC101205 1023AM Uega

September 24. 2015

REVENUE MEMORANDUM CIRCULAR NO. 62- 70/5

SUBJECT : Non-acceptance of Checks/Drawn Checks from Xavier-Punla Rural Bank. Inc.. (A

Closed Bank) by Revenue Collection Officers

TO (SCOs)/Coflection Officers (COs) and Others Concerned All Revenue Collection Officers (RCOs)/Special Coliection Officers

taxes as per Monetary Board Resolution of the Banko Sentral ng Pilipinas (BSP). Resolution No Philippines and has been placed under receivership with PDIC as the designated Receiver. (RCOs)/Special Collection Officers (SCOs)/Coilection Officers (COs) are hereby advised not to accept checks, as well as taxpayer's checks drawn from the XAVIER-PUNLA RURAL BANK INC. with Office address at Poblacion. Pangantucan. Bukidnon. in payment of interna! revenue 1306 dated August 20. 2015 considering that the said bank is prohibited from doing business in the For the information and guidance of all concerned. all Revenue Collection Officers

Circular as wide a publicity as possible. A!! internal revenue officials and employees concerned are hereby enjoined to give this

Commissioner of Internal Revenue KIM S. JAGINTO - HENARES 035669

J -1

BUREAU OF INTERNSL REVENUE

TERMA GNS DIVIST

O 9 012015