FURTHER AMENDMENTS TO REGULATORY ISSUANCE NO. 2002-01 (AMENDED RULES AND REGULATIONS ON ADVERTISEMENT OF MEMBERSHIP WITH PDIC)

Pursuant to Section 4(g) and 21(f)(10) and 21(g) of Republic Act No. 3591 (otherwise known as The Charter of the Philippine Deposit Insurance Corporation), as amended by Republic Act No. 9302, effective 12 August 2004, the PDIC Board of Directors under Resolution No. 2004-09-089 dated 23 September 2004 approved the promulgation of the following further amendments to Regulatory Issuance No. 2002-01 (Amended Rules and Regulations on Advertisement with PDIC).

SECTION 1. Item 4 of Regulatory Issuance (RI) No. 2002-01 is hereby further amended to read as follows:

“At the site of the Automated Teller Machine (ATM), an insured bank shall either display the PDIC desktop or shall post the PDIC sticker, whichever is appropriate.  As an alternative option to the PDIC desktop or sticker, the official PDIC sign may be shown electronically/digitally on the ATM screen.  The official PDIC sign should appear on the screen preceding the transactional screen requesting for the customer’s Personal Identification Number (PIN).  A soft copy of the authorized design and size of the official PDIC sign for ATM screens can be directly requested from the PDIC Insurance Department or downloaded from the PDIC website.  Instructions to download the official PDIC sign can be accessed through www.pdic.gov.ph/pdicatm.asp”

SECTION 2. Item No. 5 of RI 2002-01 is hereby further amended to read as follows:

“The PDIC desktop and sticker shall be prominently displayed at all times.”

SECTION 3. All other related rules and/or regulations which are inconsistent herewith are hereby repealed or amended accordingly.

SECTION 4. This Amended RI shall take effect fifteen (15) days after publication in a newspaper of general circulation.

Adopted: 05 Oct. 2004

(SGD.) RICARDO M. TAN
President & Chief Executive Officer