BSP Memoranda BSP Memoranda No. M-2007-033BSP Memoranda No. M-2007-033 2007-11-08T00:00:00.000+08:00

Automated Teller Machine (ATM) Interconnection

MEMORANDUM NO. M-2007-033

To:  All Thrift Banks, Rural Banks and Cooperative Banks

Subject : Automated Teller Machine (ATM) Interconnection

Further to Memorandum No. M-2007-010 dated 7 May 2007, please be advised that the interconnection of the bank's ATM  host and/or CASA systems to any ATM switch network  or their affiliate switch network  is considered an extension of the bank's informaton technology processes and therefore an outsourcing  activity that requires prior approval from the Bangko Sentral ng Pilipinas (BSP) under Subsection X169.2 of the Manual of Regulations  for Banks (MORB).

For your information and guidance.

LENY I. SILVESTRE Sector-in-Charge

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