REVENUE MEMORANDUM CIRCULAR NO. 109-2024 issued on September 24, 2024 clarifies the types of checks accepted for payment for One-Time Transaction (ONETT)-related internal revenue taxes pursuant to Revenue Memorandum Order No. 49-2018, as amended.

For ONETT-related taxes, taxpayers may make payments over the counter using either cash or check at any Authorized Agents Banks (AABs) or Revenue Collection Officers (RCOs). However, RCOs can only accept cash payments up to Twenty Thousand Pesos (₱ 20,000.00). For payments by check, both AABs and RCOs are directed to accept only Manager’s or Cashier’s Check regardless of the amount to standardize the requirements and expedite the verification processes.