BSP Circular Letters BSP Circular Letter No. CL01131994BSP Circular Letter No. CL01131994 1994-01-13T00:00:00.000+08:00

To ensure uniform treatment of transactions related to the Special Guarantee Fund

CIRCULAR LETTER Series of 1994

ALL COMMERCIAL BANKS AND EXPANDED COMMERCIAL BANKS, LAND BANK OF THE PHILIPPINES MANUAL OF ACCOUNTS FOR COMMERCIAL BANKS

For purposes of ensuring uniform treatment of transactions related to the Special Guarantee Fund under the PCIC-Calf Guarantee Program the Revised Manual of Accounts for Commercial Banks and Expanded Commercial Banks is hereby amended, so as to change the existing general ledger account "Due to PCIC-Crop insurance Premium" to "Due to PCIC". The bank may create a new subsidiary ledger accounts for this purpose.

FELICIANO MIRANDA, JR. Deputy Director

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