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LATEST UPDATES

February 16, 2025 at 4:00:00 PM

PESONet Participation of BAYANIHAN BANK, RURAL BANK OF ANGELES, & RURAL BANK OF MANGALDAN

PESONet Participation of BAYANIHAN BANK, RURAL BANK OF ANGELES, & RURAL BANK OF MANGALDAN

Bayanihan Bank, Inc. with BIC: RUATPHM1XXX and Rural Bank of Angeles, Inc. with BIC: RUANPH22XXX starting February 10, 2025 as well as Rural Bank of Mangaldan, Inc. with BIC: RUMNPHM1XXX starting February 17, 2025 are the latest participant in the PESONet.

January 28, 2025 at 1:00:00 AM

CICS PARTICIPATION OF SOUTH BANK (A RURAL BANK), INC.

CICS PARTICIPATION OF SOUTH BANK (A RURAL BANK), INC.

South Bank (A Rural Bank), Inc. is the latest participant in the PCHC's nationwide Check Image Clearing System (CICS).

January 2, 2025 at 4:00:00 AM

NON-ACCEPTANCE OF CHECKS WITH INVALID DATE FORMAT AND/OR WITH SPECIAL SYMBOLS IN THE AMOUNT IN FIGURES

NON-ACCEPTANCE OF CHECKS WITH INVALID DATE FORMAT AND/OR WITH SPECIAL SYMBOLS IN THE AMOUNT IN FIGURES

Based on the survey results, with a response rate of 87% from CICS participants, we have decided to extend the moratorium (on non-acceptance) for another six months. The final implementation will now be July 1, 2025 instead of January 1, 2025.

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