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BSP Memorandum No. M-2015-038: Proclamation No. 1072 declaring 18 and 19 November 2015 as Special (Non-Working) Days in the National Capital Region (NCR)and Memorandum Circular No. 84 suspending work in government offices including Government-owned or controlled corporations on 17 and 20 November 2015 in NCR

TO: ALL MEMBER BANKS
RE: PROCLAMATION NO. 1072 DECLARING 18 AND 19 NOVEMBER 2015 AS SPECIAL (NON-WORKING) DAYS IN THE NATIONAL CAPITAL REGION (NCR) AND MEMORANDUM CIRCULAR NO. 84 SUSPENDING WORK IN GOVERNMENT OFFICES INCLUDING GOVERNMENT-OWNED OR CONTROLLED CORPORATIONS ON 17 AND 20 NOVEMBER 2015 IN NCR

Dear Rural Bankers,

This is to inform everyone that the Bangko Sentral ng Pilipinas (BSP) recently posted operating schedules in view of Malacañang Proclamation No. 1072 which declares November 18 and 19, 2015 as Special (Non-Working) Days in the NCR and Memorandum Circular No. 84 issued by the Office of the President on July 13, 2015, which suspends work in government offices including Government-Owned or Controlled Corporations on November 17 and 20, 2015.

The BSP schedule is as follows:

For 17 and 20 November 2015:
1. PhilPass will be on regular operating schedule.
2. Cash department in Quezon City will be open until 12 noon only to service deposit/ withdrawal transactions of banks.
3. BSP Regional Offices and Branches shall be open but BSP Head Office in Manila and the BSP Security Plant Complex in Quezon City shall be closed.
4. BSP shall not undertake Foreign Exchange/ Swap transactions and Open Market Operations, including Repurchase/ Reverse Repurchase Agreements and Special Deposit Account transactions.

For 18 and 19 November 2015:
1. BSP Regional Offices and Branches shall be open but BSP Head Office in Manila and the BSP Security Plant Complex in Quezon City shall be closed.
2. BSP shall not undertake Foreign Exchange/ Swap transactions and Open Market Operations, including Repurchase/ Reverse Repurchase Agreements and Special Deposit Account transactions.

To download full copy of the BSP Memorandum, please click on the link:
m038