Guidelines on the Withdrawal of Additional Escrow on Dismissed Cases

October 16, 2020POEA MEMORANDUM CIRCULAR NO. 026-20TO : All Concerned    SUBJECT : Guidelines on the Withdrawal of Additional Escrow on Dismissed Cases Pursuant to Governing Board Resolution No. 10, Series 2020, the implementation of Section 15 (b) and Section 16 (b), Rule II, Part II of the POEA Revised Rules and Regulations Governing the Recruitment and Employment of Landbased Overseas Filipino Workers and Seafarers, respectively, is suspended for two (2) years from the effectivity of the mentioned Resolution. HTcADCLikewise, the Resolution allowed the existing (active) licensed recruitment/manning agencies which already posted additional escrow deposit to withdraw the same upon posting of a surety bond for two (2) years equivalent to the amount of additional escrow deposit requested to be withdrawn and upon compliance with the other requirement setforth therein.However, there are other agencies with additional escrow deposit and the cases which were the basis of the compliance for additional escrow deposit have been dismissed by the Administration; and the provisions of Governing Board Resolution No. 10, Series of 2020 will not completely apply to them....