Question & AnswerQ&A (LETTER OF INSTRUCTIONS NO. 1219)
The primary purpose of Letter of Instructions No. 1219 is to direct the Governor of the Central Bank, the Minister for Foreign Affairs, and the Minister of Labor and Employment to study and prepare guidelines to facilitate the remittance of salaries of Filipino overseas workers to their beneficiaries or bank accounts in the Philippines.
The Governor of the Central Bank of the Philippines, the Minister for Foreign Affairs, and the Minister of Labor and Employment are directed to facilitate these remittances.
The guidelines should comply with the provisions of the Labor Code as amended and with existing rules and regulations of the Central Bank of the Philippines.
The officials may enlist the assistance of any government office or instrumentality and make representations with appropriate authorities in host countries to ensure the expeditious and beneficial availment of workers and their beneficiaries of their earnings.
The officials are to submit a report within thirty (30) days from the date of the directive.
The Central Bank of the Philippines is involved in preparing guidelines and mechanisms for the remittance of overseas Filipino workers’ salaries in accordance with its existing rules and regulations.
The Minister for Foreign Affairs is necessary to make representations with the authorities in host countries to facilitate the remittance process.
The directive requires that all remittance facilitation be in accordance with the Labor Code as amended, ensuring that the rights and benefits of overseas Filipino workers are protected.
It means ensuring that the remittance of salaries is done quickly and efficiently so that workers and their beneficiaries can promptly and fully benefit from their earnings.
Yes, the directive explicitly allows the involved officials to enlist the assistance of other government offices or instrumentalities for effective implementation.