PNB Payments Management boasts of a breadth of disbursement services that will definitely lighten your workload and speed up your pay-out processes. We help you channel your resources and focus your attention to activities that will directly improve your bottom line and achieve your business goals. Our comprehensive payment solutions include the traditional paper-based to a more sophisticated electronic payments. No matter what type of payment you choose or who you want to pay, we have the right solution for you.
Effective March 1, 2012, all Great Britain Pound (GBP) check transactions will be subject to a clearing charge of GBP 3.00 per check in addition to the existing service fees/charges while GBP 10.00 surcharge per check will be imposed on returned checks. Please be guided accordingly.
Checks with insufficient funds shall be dishonored and returned to the presenting bank not later than 7:30 AM of the next banking day starting January 3, 2011 pursuant to BSP Circular No. 681.