CIRCULAR NO. 8-93, February 12, 1993
CIRCULAR NO. 8-93, February 12, 1993
OFFICE OF THE COURT ADMINISTRATOR
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ALL EXECUTIVE JUDGES AND CLERKS OF COURTS OF THE REGIONAL TRIAL COURTS AND SHARI’A DISTRICT COURTS
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| SUBJECT |
LAND BANK OF THE PHILIPPINES, THE AUTHORIZED GOVERNMENT DEPOSITORY BANK
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Effective March. 1, 1993, all Clerks of Courts are
hereby DIRECTED to deposit all collections from bailbonds, rental
deposits and other fiduciary collections, upon receipt thereof,
following the same guidelines laid out in Circular No. 13-92 of this
Court dated March 1, 1992, with the LAND BANK OF THE PHILIPPINES (LBP), the authorized government depository bank for the Judiciary.
In localities where the LBP has no branches, the Clerk of Court shall deposit all collections with a Rural Bank, furnishing the ACCOUNTING DIVISION, SUPREME COURT, the Rural Bank of your choice.
All Clerks of Courts are further DIRECTED to submit to the ACCOUNTING DIVISION, SUPREME COURT,
statement of unwithdrawn Fiduciary Fund Deposits with the Philippine
National Bank (PNB) as of February 28, 1993. Failure to comply within
the specified period, the salaries of the concerned Clerk of Court shall
be withheld until submission of the required statement.
Strict compliance is hereby enjoined.
February 12, 1993.
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(SGD.) ERNANI CRUZ PANO
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Court Administrator
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