(NAR) VOL. 6 NO. 3 / JULY - SEPTEMBER 1995

[ BSP MEMORANDUM, May 16, 1995 ]

DEFERMENT OF THE EFFECTIVITY OF MEMORANDUM TO ALL BANKS DATED APRIL 11, 1995 RE: GUIDELINES AND PROCEDURES TO GOVERN CURRENCY NOTE DEPOSITS AND WITHDRAWALS OF BANKS TO AND FROM THEIR DEMAND DEPOSIT ACCOUNTS WITH BSP



In view of the representations made by the Bankers Association of the Philippines (BAP) requesting deferment of the effectivity of Memorandum to All Banks dated April 11, 1995 re: Guidelines and Procedures to Govern Currency Note Deposits and Withdrawals of Banks to and from their Demand Deposit Accounts with BSP, the BSP Governor approved said request for deferment until further notice.

Adopted: 16 May 1995

(SGD.) EDGARDO P. ZIALCITA
Deputy Governor


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