Issue of January 7, 2018
     
NEWS
Apayao
Benguet
Ifugao
 
OPINION
 

2017
Panagbenga Flower Festival
 
Other Links:
Abra Rural Bank depositors reminded on claim filing sked
by Jane B. Cadalig

Depositors of the local bank in Abra that was closed on Jan. 7, 2016 were reminded to file their claims on or before Jan. 8, the deadline of filing of deposit insurance claims.

The Philippine Deposit Insurance Corporation said that the claims for 15 accounts with a total insured deposit of P173,544.16 of the closed Rural Bank of Villaviciosa in Abra have yet to be filed by their respective depositors.

The PDIC said the depositors may file their claims in person or through mail.

Those who will claim in person were advised to proceed to the PDIC Public Assistance Center, 3rd Floor, SSS Bldg., 6782 Ayala Avenue corner V.A. Rufino Street, Makati City during office hours.

Those who opt to claim through mail should address their claim to the PDIC Public Assistance Department, 6th Floor, SSS Bldg., 6782 Ayala Avenue corner V.A. Rufino Street, Makati City.

The PDIC Charter provides that depositors have two years from bank closure to file their claims. Rural Bank of Villaviciosa was ordered closed by the Monetary Board of the Bangko Sentral ng Pilipinas on Jan. 7, 2016.

As of Oct. 31, 2017, the PDIC said it has paid claims amounting to P1.98 million, which represents 89.1 percent of the bank’s total insured deposits of P2.22M.

The state deposit insurer said it would no longer accept depositor’s claims from the Rural Bank of Villaviciosa after Jan. 8.

“Their (those who fail to beat the deadline) recourse is to file claims against the assets of the closed bank through PDIC as liquidator. Payment of claims shall depend on available assets of the bank for distribution to creditors and the approval of the Liquidation Court,” the PDIC said.

Depositors who will claim in person were required to submit their original evidence of deposit and present one valid photo-bearing ID with signature and were advised to bring at least two valid IDs in case of discrepancies in their signature.

Those who opt to file their claims through mail should enclose their original evidence of deposit and photocopy of one valid photo-bearing ID with signature together with an accomplished claim form, which can be downloaded from www.pdic.gov.ph.

The PDIC said that depositors who are below 18 years old should submit a photocopy of their birth certificate issued by the Philippine Statistics Authority or a certified copy issued by the Local Civil Registrar.

Claimants who are not the signatories in the bank records are also required to submit an original copy of a notarized Special Power of Attorney (SPA) of the depositor or parent of a minor depositor. The format of the SPA may also be downloaded from the PDIC website.

Depositors who have been notified of their documentary deficiencies were also reminded to comply with the requirements indicated in the letter.

The procedures and requirements for the filing of deposit insurance claims are posted at www.pdic.gov.ph.

The PDIC said depositors who have outstanding loans or payables to the bank would be referred to the designated Loans Officer prior to the settlement of their deposit insurance claims.

For details, depositors and depositor-borrowers may contact the Public Assistance Department at (02) 841-4630 to 31, or e-mail pad@pdic.gov.ph.

Those residing outside Metro Manila may call the PDIC toll free at 1-800-1-888-PDIC or 1-800-1-888-7342 or send private messages at Facebook through www.facebook.com/OfficialPDIC.


Your Ad Here


BUSINESS
DOE: New excise tax on fuel only for fresh supply

City Treasurer reports on smooth flow of tax payments

Work permit fast lanes set up

Study shows bamboo leaves as chicken feed

Long–term lease for park bldg. proposed


Baguio Country Club
Department of Tourism – CAR
GRAB
Informatics
University of Baguio
Venus Parkview Hotel

Congressman Mark O. Go
Department of Health – CAR
Kings College of the Philippines
Lepanto Consolidated Mining Company
Mayor Mauricio G. Domogan
Narda’s Handwoven Arts & Crafts Inc.
Philex Mining Corporation
Pines City Colleges
Province of Benguet
Sangguniang Panlungsod
SiTEL
SM City Baguio
Social Security System

Assumption Medical Diagnostic Center
Baguio Center Mall
Baguio Central University
Baguio Heart and Lung Diagnostic Center Inc.
Baguio Memorial Chapels Incorporated
Baguio Water District
BDO
Bureau of Fisheries and Aquatic Resources – CAR
C & Triple A Supermart
Congressman Ronald M. Cosalan
Curamed Pharmacy
Data Center College of the Philippines of Baguio City Inc.
Department of Agriculture – CAR
Department of Environment and Natural Resources – CAR
Department of Trade and Industry – CAR
Department of Transportation – CAR
Easter College Incorporated
Fabulo Beauty and Image Salon
Fast East Pacific Commercial
Filipino–Japanese Friendship Association of Northern Luzon, Inc.
GMS Technology
Immigration Network Services, Inc.
La Funeraria Paz, Inc.
Maybank
Mayor Romeo K. Salda
MMS Development Training Center Corporation
Mother Earth Deli Basket
National Economic & Development Authority–CAR
NIIT
Overseas Workers Welfare Administration
Philippine Science High School – CARC
R.A. Gapuz Review Center
Regional Tripartite Wages and Productivity Board – CAR
Solibao – Ganza Restaurant
STI
Technical Education and Skills Development Authority

Home | About Us | Editorial Policy | Contact Us  
News | Opinion | Snapshots | Week's Mail | Obituaries  
Copyright © 2007-2015. All Rights Reserved. baguiomidlandcourier.com.ph