PDIC to start servicing deposit claims of closed Laguna rural bank

MANILA, Philippines - The Philippine Deposit Insurance Corp. (PDIC) said it would start servicing the deposit insurance claims of the closed Rural Bank of Alaminos (Laguna) Inc. on Dec. 4.

Servicing of claims for accounts maintained at the bank’s head office will be conducted at the bank’s premises in Alaminos, Laguna until Dec. 10. 

Meanwhile, claims of depositors of the bank’s San Pablo, Laguna and Sto. Tomas, Batangas branches will be serviced at their premises until Dec. 6.

Depositors whose accounts have balances of more than P15,000 and who have outstanding obligations with the Rural Bank of Alaminos regardless of type of account are required to file their deposit insurance claims.

Last Nov. 25, PDIC started dispatching total payments amounting to P4.44 million in the form of postal money orders (PMOs), through the Philippine Postal Corp., to depositors who are not required to file deposit insurance claims.

These are depositors who have account balances of P15,000 and below, who have no outstanding obligations with the Rural Bank of Alaminos, and who have complete and updated addresses in the bank’s records or have updated their addresses using the PDIC Mailing Address Update Form.

When filing deposit insurance claims, depositors are advised to personally present their duly- accomplished claim form, original copy of savings passbook, and original copy of two valid photo-bearing IDs with signature of the depositor. Depositors may also file their claims through mail and enclose the same set of document requirements.

Claimants who are not the signatories in the bank records are required to submit an original copy of a notarized/authenticated special power of attorney of the depositor or parent of a minor depositor.

The procedures and requirements for the filing of deposit insurance claims are posted in the PDIC website, www.pdic.gov.ph.

Depositors who are not able to file their claims during the claims settlement operations period may submit their claims either through mail to PDIC or personally at the PDIC office, 4th floor, SSS Bldg., 6782 Ayala Ave corner V.A. Rufino St., Makati City starting Dec. 17, 2013.

In accordance with the provisions of the PDIC Charter, the last day for filing deposit insurance claims in the closed Rural Bank of Alaminos is on Nov. 16, 2015. After this date, the PDIC, as deposit insurer, shall no longer accept any deposit insurance claim.