Semestral Submission of Reconciliation Statement by Banks/Quasi-Banks on their Demand Deposit Account Maintained with the Bangko Sentral

BANGKo Serurnll- No Prr-rprNas OFFICE OF THE GOVERNOR CIRCULAR NO.1096 Series of 2O2A Subject: : Semestra I Submission of Reconciliation Statement by Ba nks/Quasi-Ba nks on their Demand Deposit Account Maintained with the Bangko Sentral The Monetary Board, in its Resolution No. 1151 dated 10 September 2O2O, approved the amendments to the Manual of Regulations for Banks (MORB) and the Manual of Regulations for Non-Bank Financial Institutions (MORNBFI) to implement the semestral submission of the Reconciliation Statement by banks and quasi-banks (QBs) on their Demand Deposit Account (DDA) maintained with the BSP. Section 1. Section 315/312-Q of the MORB/MORNBFI shall be amended to include the provisions on the DDA Reconciliation Statement, and shall now read, as follows: 31s/312-Q !NTERBANK rOANS xxx Accounting procedures xxx c. Banks/QBs shall reconcile their demand deposit accounts/DDAs with the , Bangko Sentral against monthly statements of account to be furnished by the Bangko Sentral Financial Accounting Department, Comptroller:ship Sub-Sector. In relation to this, banks/QBs shall submit a DDA Reconciliation Statement on solo basis as indicated in Appendix 7/Q-3.1 The submission of the DDA Reconciliation Statement shall be subject to the provisions of Sec. L7L/I72-Q. Settlement procedures for interbank loan tdnsdctions. xxx xxx r/ "The regular submission of the DDA Reconciliation Statement shall commence starting with the semester ending 31 December 202I." Section 2. Appendix 7 "Reports Required of Banks" and Appendix Q-3 "List of Reports Required from Quasi-Banks" of the MORB/MORNBFI are hereby amended as shown in Annex A and Annex 8, respectively. A. Mabrni St., Malate 1004 Manila, Philipprne5 o '1708-7701 . wrtw.bsp.gov.ph .

Section 3. The reportorial template of the DDA Reconciliation Statement is shown under Annex C. Section 4. Effectivity This Circular shall take effect fifteen (15) calendar days following its publication either in the Official Gazette or in a newspaper of general circulation. FOR THE MONETARY BOARD: cq. BENJAMIN E. DIOKNO Governor ib s.pt.rber2o2o Page2 of 2

Annex A Appendix 7 of the MORB - Reports Required of Banks A. UBs/KgS Category Form No. MOR Ref. Report Title Frequency Submission Deadline Submission Procedure xxx xxx xxx xxx xxx Xxx xxx B Unnumbered Sec. 105 85P-Supervised Institutions Quarterly 20 banking days after end of sdckb- (M-1.7 dated (BSFls) Consolidated each reference quarter [email protected] 17 May Cornplaints Report 2018) (BccR) B Unnumbered Section 315 DDA Reconciliation Semestral 15th banking day from end of Email address will be Statementl reference semester provided by FSS xxx xxx xxx xxx xxx Xxx xxx B. TBs Category Form No. MOR Ref. Report Title Frequency Submission Deadline Submission Procedure Secondary Reports xxx xxx xxx xxx xxx Xxx xxx B Unnumbered (M-002 dated Stress testing Reports Semestral 30 banking days from sdctb- or.27.\4, Covering.Credit and Market end of reference stresstesti ng@ bsp.gov.ph M-032 3 dated Risks semester 08.11.14 as amended by Cir. a. Covering Credit & Market Nos, 890 dated Risks Stand-alone TBs with 11.02.15, 963 lThe regular submission of the DDA Reconciliation Statement shall commence as of the end-December 2O2Lreporting period.

Annex A Categorv Form No. MOR Ref. Report Title Frequency Submission Deadline Submission Procedure dated 06.27.17 and total assets of at least P5.0 M-028 dated billion; or total cap of at 09.11.17) least P1.0 billion b. Credit Risk Only Stand-alone TBs that did not qualifo above B Unnumbered Section 315 DDA Reconciliation Semestral 15th banking day from Email address will be Statement2 end of reference provided by FSS semester xxx xxx xxx xxx xxx Xxx xxx C. RBs and Coop Banks Category Form No. MOR Ref. Report Title Frequency Submission Deadline Submission Procedure Secondary Reports xxx xxx xxx xxx xxx Xxx 'Xxx B Unnumbered Sec. 148 Disruptions of financial services and As disruptions Within two (2) hours upon [email protected] operations. occur discovery Within twenty-four (24) [email protected] hours from discovery B Unnumbered Section DDA Reconci liation Statement3 Semestral 15th banking day from end Email address will be 315 of reference semester provided by FSS xxx xxx xxx xxx xxx Xxx xxx zThe regular submission of the DDA Reconciliation Statement shall commence as of the end-December 2021 reporting period. 3 The regular submission of the DDA Reconciliation Statement shall commence as of the end-December 2021 reporting period.

Annex B Appendix Q-3 of the MORNBFI - List of Reports Required from Quasi-Banks Category Form No. MOR Ref. Report Title Frequency Submission Deadline Submission Procedure Secondary Reports xxx xxx xxx xxx xxx Xxx Xxx B Unnumbered 43s-Q Report on Required and Weekly 3 banking days after end -do- Available Reserves on Peso- of reference week Denominated CTFs, Such Other Similarly Managed Peso Funds and TOFA-Others Control Prooflist duly signed by Email to SDC: the authorizbd officer of [email protected] the institution Fax to SDC @ (02) 708- 7554 B Unnumbered 312-q DDA Reconci liation Statement4 Semestral 15th business day from Ernailaddress will be end of reference semester provided bv FSS aThe regular submission of the DDA Reconciliation Statement shall commence as of the end-December 2021 reporting period.

Annex C Category: Cat4ory B Deadline: 15th banking/business day from end of reference semester Submission: Emailto DSA FOR ALI BANKS AND QUASI-BANKS Name ofBank/QB Code Address DDA RECONCIIIATION STATEM ENT As of (Semester Ended) REPUBLIC OF THE PHILIPPINES) _) s.s. I solemnly swear that all matters set forth in this report are true and correct, to the best of my knowledge and belief. (Signature of Duly-Authorized Officer)

Bank/Quasi-Bank Name DDA Reconciliation Statement For the Semester Ended In Absolute Amounts Particulars AMOUNT Particulars AMOUNT Demand Deposit Account with the BSP Per &SP Statement of Account Demand Deoosit Account with the BSP Per Bank Ledrer Reconciling ltems Reconclling ltems Details Date Amount Details Date Amount Add: Add: 0 0 Details Date Amount Details Date Amount Deduct: Deduct: 0 0 Adjusted Ealance of Demand Deposit Account with the BSP Adiusted Balance of Demand Deposit Account with the 85P Note: Please indicate the details of items that are added/deducted in the spaces provided