REVENUE MEMORANDUM CIRCULAR NO. 43-2015 issued on August 4, 2015 advises all Revenue Collection Officers/Special Collection Officers/Collection Officers not to accept checks/drawn checks in payment of internal revenue taxes from the lists of banks that were ordered closed from January 2014 to June 30, 2015, as per reports from the Philippine Deposit Insurance Corporation (PDIC).
     Further, per Monetary Board Resolutions of the Banko Sentral ng Pilipinas, the said banks and their branches are prohibited from doing business in the Philippines and have all been placed under receivership with PDIC as the designated Receiver.