Philippines Banks to Introduce New Check Format Effective May 1

Bank Check New Format

Banks across the Philippines are gearing up to implement a new check format, effective May 1, as announced by the Philippine Clearing House Corporation (PCHC). This initiative, initially slated for May 2, 2023, has been rescheduled and will now come into effect this year. The transition marks a significant step towards modernizing the country’s financial … Read more