BSP Circular Letters BSP Circular Letter No. CL01201994BSP Circular Letter No. CL01201994 1994-01-20T00:00:00.000+08:00
Agreed procedures in processing L/C applications/amendments covering commodities regulated by the Bureau of Import Services
CIRCULAR LETTER Series of 1994
TO : All Authorized Agent Banks
As requested in the attached letter of DTI Director Dr. Emmanuel T. Velasco, please be reminded of the agreed procedures in processing L/C applications/amendments covering commodities regulated by the Bureau of Import Services such that AABs should require presentation of the original Certificate of Authority to Import (CAI) issued by said agency.
Strict compliance herewith is enjoined.
EDGARDO P. ZIALCITA Deputy Governor
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