TACLOBAN CITY- Borrowers of the now-closed Rural Bank of Basey Inc. in Basey, Samar were advised to pay their obligations.
Philippine Deposit Insurance Corporation (PDIC), the receiver of the closed rural bank, said that borrowers are “under obligation to pay their loans notwithstanding the closure of the bank.”
“Deposits of borrowers who have past due loans with the bank are automatically applied to their loans, by operation of law. If the loans are on current status, the borrowers may opt to apply their deposits against their loans, to avoid paying interest on their loans,” said PDIC.
In a statement, PDIC reminded borrowers to transact only with authorized PDIC representatives, adding that it has not engaged any person, agent or agency to collect the loan payments for and in behalf of the bank.
Borrowers are advised to always secure copies of official receipts issued by the PDIC, as liquidator of the closed rural bank, it said.
Borrowers of Rural Bank of Basey may pay their loans and other obligations through any of the following modes:
– by paying directly at any Philippine National Bank (PNB) branch. Payment should be for the account name, PDIC FAO BURL – Rural Bank of Basey (Samar), Inc. Borrowers are advised to indicate their assigned Account Reference Numbers on the PNB payment slips and keep copies of the same to ensure proper recording of their payments;
– by paying through postal money order (PMO) or check payable to PDIC FAO BURL – Rural Bank of Basey (Samar), Inc. Payment should be directly sent via mail to the PDIC Loans Management Department III, 5th Floor, SSS Bldg., Ayala Avenue corner V.A. Rufino St., Makati City; or
– by paying directly at the PDIC Public Assistance Center located at the 3rd Floor, SSS Bldg., Ayala Avenue corner V.A. Rufino St., Makati City.
PDIC, as Receiver, will issue Official Receipts for all payments received upon verification and shall send the Official Receipt to the borrowers through mail.
Borrowers who do not receive their Official Receipts are advised to send by mail/e-mail/fax a copy of their PNB deposit/payment slips to Ms. Madeleine C. Ribay, Deputy Receiver for loans, 5th Floor, SSS Bldg., Ayala Avenue corner V.A. Rufino St., Makati City or via e-mail at mcribay@pdic.gov.ph and to Ms. Thelma A. Peña atbarias@pdic.gov.ph.
Borrowers of the bank may contact the PDIC-Public Assistance Department for any queries or concerns at (02) 841-4630 or send these through email at pad@pdic.gov.ph or private message at PDIC’s Facebook account,www.facebook.com/OfficialPDIC. (RONALD O. REYES)