BSP alerts bank customers

Be aware of bank schedules during APEC


Bank schedules will vary during the upcoming Asia Pacific Economic Cooperation (APEC) summit in Metro Manila, so customers should check in advance whether they could make their requisite transactions during the dates of the event, the Bangko Sentral ng Pilipinas (BSP) said on Friday.

It will be “business as usual” during November 17 and 20 except for foreign exchange/swap transactions, while only selected branches will be open on November 18 and 19, the central bank said in a statement.

“As such, the public is advised to check with their respective banks as to what branches will be open during these days,” it said.

For branches located outside Metro Manila, it will be “business as usual” mode during the four-day period, with check processing the exception during November 18 and 19.

The BSP said the Philippine Clearing House Corp. will operate on November 17 and 20 to accept and process checks sent for clearing by banks.

“In this regard, the public is reminded that check deposits received by banks, whether located within or outside NCR [National Capital Region] on 17 November (if received within cut-off) are considered deposits by 17 November,” it said.

Checks received by banks outside Metro Manila and some open branches in the NCR on November 18 and 19 will be considered deposits received on November 20.

The government has declared November 18 and 19 2015 as special non-working days in Metro Manila and suspended work in government offices, including government-owned and -controlled corporations, on November 17 and 20.

The BSP said all banks have been reminded to ensure the availability of cash in their automated teller machines during the four-day period.


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