Thursday, 20 June 2013 19:27:48
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Check Warehousing
Check Warehousing
An outsoursing facility for the monitoring and safekeeping of post dated checks
Required CASA Average Daily Balance: Minimum of PHP 300,000
Features
Allows the deposit of local and regional checks
Provides outstanding, deposited and rejected checks report
Benefits
Guarantees deposit of checks on due date
Assures safety of PDC's
Facilitates monitoring of PDC's