I wish our banks and the Philippine Clearing House Corporation (PCHC) were more systematic about changes affecting clearing.
Just days after most news organizations reminded the public that they had only till May 1, 2023 to use checks in the old format, the PCHC issued another memo deferring implementation by one year to May 1, 2024.
Continue reading “Implementation of the new check design is deferred by PCHC to May 2024. AGAIN!”