Rural Bank of Amadeo (Cavite), Inc.

May 20, 2016BANK BULLETIN NO. 17-16TO:All BIR Authorized Agent Banks   SUBJECT:Rural Bank of Amadeo (Cavite), Inc. Effective immediately, all Authorized Agent Banks are hereby advised not to accept RURAL BANK OF AMADEO (CAVITE), INC. checks as well as taxpayers' checks drawn from the said Bank, in payment of internal revenue taxes. This advisory is in view of the letter of the Philippine Deposit Insurance Corporation (PDIC) dated May 13, 2016 informing the Bureau of Internal Revenue of the issuance of Monetary Board Resolution No. 827.A dated May 13, 2016 which prohibited RURAL BANK OF AMADEO (CAVITE), INC. with Head Office address at 111 A. Mabini St., Brgy. 1 (Pob.), Amadeo, Cavite from doing business in the Philippines and placed the same under receivership with the PDIC as the designated Receiver. AIDSTEFor your guidance and strict compliance. (SGD.) KIM S. JACINTO-HENARESCommissioner of Internal Revenue