BSP Rules on Dishonored Checks and IBCL Settlements

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BSP CIRCULAR NO. 214: BSP Rules on Dishonored Checks and IBCL Settlements

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Title Supreme Court: BSP Rules on Dishonored Checks and IBCL Settlements

Law: Bsp Circular No. 214

Decision Date: Oct 25, 1999

BSP Circular No. 214 mandates the timely return of dishonored checks and other cash items due to insufficient funds, establishing specific clearing windows for local and out-of-town exchanges to streamline the process and restore bank balances.

dishonored coci

check clearing

insufficient funds

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