(NAR) VOL. 18 NO. 4/OCTOBER - DECEMBER 2007
“c. The Officer who will be in-charge of FCDU operations shall either (1) have at least one (1) year of actual experience in another bank as in-charge or assistant in-charge of the same operations, or (2) have attended a specialized training course on FCDU transactions or operations conducted by the Bangko Sentral ng Pilipinas Institute or an institution or bank duly accredited by the BSP.”
“a. Have the capacity to operate FCDU. A rural bank/cooperative bank may, however, upgrade its capacity by appointing as Officer who will be in-charge of the FCDU operations either, (a) an individual with actual experience in another bank as in-charge or assistant in-charge of the same operations for at least one (1) year, or (b) an individual who has attended a specialized training course on FCDU transactions or operations conducted by the Bangko Sentral ng Pilipinas Institute or an institution or bank duly accredited by the BSP.”