THE Philippine Deposit Insurance Corporation (PDIC) announced that it will continue to receive and process deposit insurance claims from depositors of the closed Surigao City Evergreen Rural Bank, Inc. at the PDIC Public Assistance Center, 3rd Floor, SSS Bldg., 6782 Ayala Avenue corner V.A. Rufino Street, Makati City until April 16, 2018. Claims may also be filed by mail.
Surigao City Evergreen Rural Bank, Inc., which was ordered closed on April 14, 2016, has PHP10.4 million in total estimated insured deposits involving 993 accounts.
A total of PHP7.6 million in insured deposits covering 38 accounts was paid during the onsite claim settlement operations (CSO).
Another PHP1.7 million was settled thru postal money orders sent via registered mail to 792 accounts of depositors with balances of PHP100,000 and below where filing of claims was waived by PDIC.
As of April 29, 2016, PDIC has yet to receive deposit insurance claims for PHP0.7 million covering 158 accounts. In accordance with the provisions of the PDIC Charter, the last day for filing deposit insurance claims in the said bank is on April 16, 2018.
After said date, PDIC shall no longer accept any deposit insurance claim.
When filing deposit insurance claims at the PDIC Public Assistance Center, depositors are advised to present an original evidence of deposit and two (2) valid photo-bearing IDs with signature.
When filing claims through mail, the same set of documents, including a duly accomplished Claim Form, must be enclosed. The Claim Form may be downloaded for free from the PDIC website, www.pdic.gov.ph.
Depositors who are below 18 years old should submit either a photocopy of their Birth Certificate issued by the National Statistics Office (NSO) or a duly certified copy issued by the Local Civil Registrar as an additional requirement, with the Claim Form signed by the parent.
Claimants who are not the signatories in the bank records are required to submit an original copy of a notarized Special Power of Attorney.
In the case of a minor depositor, the Special Power of Attorney must be executed by the parent.
The format of the Special Power of Attorney may be downloaded from the PDIC website.
The procedures and requirements for filing deposit insurance claims are likewise posted in the PDIC website.
For more information, depositors may contact the Public Assistance Department at telephone numbers (02) 841-4630 to 31, or e-mail at [email protected] Depositors outside Metro Manila may call the PDIC Toll Free Hotline at 1-800-1-888-PDIC (7342).
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