This represents credit of

private local banks arising

from bank claims in places
where there are no Bangko
Sentral(BSP) clearing facilities.
DUE TO
LOCAL
BANKS
-PRIVATE
(203-04-02)
This represents credit
balances of government
local banks arising from
bank claims in places
where there are no
Bangko Sentral(BSP)
clearing facilities.
DUE TO LOCAL
BANKS
-GOVERNMENT
(2-3-04-06)
Due to local banks Local
Clearing This represents credit
balances of local banks or any of
its branches for clearing checks
drawn on banks located in
places not serviced by BSP
clearing offices.
Due to local banks FX clearing -
This represents credit balances
of participating banks
maintained with the franchise
holder of PDDTS for clearing
foreign currency denominated
checks with shall be recorded at
their foreign currency amounts.
DUE TO
LOCAL
BANKS
CLEARING
ACCOUNTS
(2-3-04-06)
This represents credit
balances of foreign
correspondent banks
maintained as working funds
in local currency with the
local bank funded by inward
remittances subject to
drawing through payment
order of the former.
DUE TO
FOREIGN
BANKS
(LOCAL
CURRENCY)
(2-3-06-00)