Managers Check
Manager’s Checks (MC) are checks drawn by the Bank upon itself and signed by its authorized signatory/ies. Manager’s check is a direct liability of the bank.
ELIGIBLE PURCHASER:
- Depositor of UCPB Savings Bank
- Sale to non- bank clients/walk-in clients shall be at the discretion of approving officer.
FEATURES:
- Can be used to pay expenses and other payables
CHARGES:
Commission – Php48.50
Doc. Stamps on Checks – Php1.50