BSP rules on temporary overdrawing

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BSP CIRCULAR NO. 334, S. 2002, JUNE 5, 2002: BSP rules on temporary overdrawing

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Title Supreme Court: BSP rules on temporary overdrawing

Law: Bsp Circular No. 334, S. 2002, June 5, 2002

Decision Date: Jun 5, 2002

BSP Circular No. 334, effective June 5, 2002, prohibits temporary overdrawings against current accounts unless due to normal bank charges, imposing fines for violations based on the amount overdrawn.

uncollected deposits

bank regulations

monetary board

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