August 22, 2018
BANK BULLETIN NO. 19-18
| TO | : | All BIR Authorized Agent Banks |
| SUBJECT | : | Rural Bank of Pagbilao, Inc. |
Effective immediately, all Authorized Agent Banks are hereby advised not to accept checks, as well as taxpayers' checks drawn from RURAL BANK OF PAGBILAO, INC. with Head office address at C.M. Recto Avenue, Mapagong, Pagbilao, Quezon, in payment of internal revenue taxes. This is in conformity with the Bangko Sentral ng Pilipinas (BSP) Monetary Board Resolution No. 1288.A dated August 10, 2018 prohibiting the subject bank from doing business in the Philippines and placing it under receivership with the Philippines Deposit Insurance Corporation (PDIC) as the designated receiver, as stated in the letter dated August 13, 2018 of the Officer-In-Charge, Receivership and Bank Management Group of PDIC. HEITAD
The Bank has two (2) branches located at the following addresses:
Branch | Address |
Market Branch | Quezon St., Brgy. Sta. Catalina, Pagbilao, Quezon |
Lucena Branch | Old Manila South Road, Brgy. Ibabang Dupay, Lucena City, Quezon |
For your guidance and strict compliance.
(SGD.) CAESAR R. DULAY
Commissioner of Internal Revenue
