BSP Circular No. 504 Revising Bank Branch Transfer Rules

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BSP CIRCULAR NO. 504: BSP Circular No. 504 Revising Bank Branch Transfer Rules

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Title Supreme Court: BSP Circular No. 504 Revising Bank Branch Transfer Rules

Law: Bsp Circular No. 504

Decision Date: Dec 22, 2005

BSP Circular No. 504 amends the Manual of Regulations for Banks to allow a reduced notification period of 45 days for branch transfers or closures under specific circumstances, streamlining the process for mergers, acquisitions, and relocations within the same locality.

exemptions

notification period

transfer

END