February 9, 2012
BANK BULLETIN NO. 06-12
| TO | : | All BIR Authorized Agent Banks |
| SUBJECT | : | Rural Bank of Luna (La Union), Inc. |
Effective immediately, all Authorized Agent Banks are hereby advised not to accept RURAL BANK OF LUNA (LA UNION), 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 Philippine Deposit Insurance Corporation (PDIC) dated January 20, 2012 informing the Bureau of Internal Revenue of the issuance of Monetary Board Resolution No. 85 dated January 20, 2012 which prohibited RURAL BANK OF LUNA (LA UNION), INC. with Head Office address at Luna, La Union from doing business in the Philippines and placed the same under receivership with the PDIC as the designated Receiver.
The Bank has two (2) branches located at the following addresses:
BANK BRANCH | ADDRESS |
Bacnotan | Bacnotan, La Union |
San Juan | San Juan, La Union |
For your guidance and strict compliance.
(SGD.) KIM S. JACINTO-HENARES
Commissioner of Internal Revenue
