Make your collection activities easy and efficient using our PDC Online, Automatic Debit Arrangement, Electronic Presentment and Payment, eCollect, and Cash Mover services. We will assist you in safekeeping and monitoring your post-dated checks, collect your receivables, either by our multiple channels or by debiting your customer’s accounts and crediting proceeds to your account plus we will simplify and automate the billing/invoicing activities of your collection process.
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.