BSP Circular 620 - PDF - Bank Vault - Security Guard

6/30/22, 2:36 PM BSP Circular 620 | PDF | Bank Vault | Security Guard
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Date Issued: 09.03.2008
Number: 620
CIRCULAR NO. 62
Subject: Revised rules and regulation on bank protection
Subject : REVSE! R"#ES $%! RE&"#$'(%S (% )$%* +R(
+ursuant to -onetar )oard Resolution %o. /01 dated / $ugus

Regulations 5or )anks -(R)7 on bank protection are 4ereb a
Section /. '4e provisions o5 Section /1/ o5 t4e -(R) and its S

5ollos:
Related titles ;Sec. /1/ )ank +rotection. Eac4 bank s4all adopt an ade<uat

operations taking into consideration its si=e location nuber o5
;Subsec. /1/./ (bjectives. '4ese regulations are designed to


a. +roote a>iu protection o5 li5e and propert against cri
ot4er destructive causes@
b. +revent and discourage perpetration o5 cries against banks@
c. $ssist la en5orceent agencies in t4e identi5ication appre4e

cries coitted against banks.
1 of 5
;Subsec. /1/.2 !esignation o5 Securit (55icer. '4e board o5 d  Search document
in t4e case o5 a 5oreign bank branc4 s4all appoint or designate

o55ice under t4e direct aut4orit and supervision o5 t4e president
o5 a 5oreign bank branc4. Subject to prior )S+ approval banks 
t4e nature o5 t4eir operations suc4 as single unit 5oreign bank bra
environent or ')s or R)sA,)s it4 total assets o5 less t4an +/0
o55icers as securit o55icer in a concurrent capacit: +rovided '4a
possess t4e necessar <uali5ications 4e s4all be supported b a
tie t4at 4e ac<uires t4e necessar copetenc on securit at
appointent s4all not result to a con5lict o5 interest situation.
'4e securit o55icer ust: a7 at least be t4irt 307 ears o5 ag

least 5ive 7 ears o5 supervisor e>perience in t4e 5ield o5 la e
d7 possess all t4e <uali5ications and none o5 t4e dis<uali5ications
/3.
'4e securit o55icer s4all be responsible 5or:
a. '4e developent and adinistration o5 a securit progra acc
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b. '4e conduct o5 continuing securit aareness progra aong

securit is a coon concern@
c. nvestigation o5 bank robberiesA4old?ups recoending t4e 5

evidence a arrant and assisting in t4e prosecution o5 t4e per
d. '4e establis4ent o5 an e55ective orking relations4ip it4 t4e

ot4er la en5orceent agencies in t4e prevention o5 bank cries
and
e. '4e conduct o5 continuing researc4 and studies on ne tec4ni<

bank protection easures.
Bor purposes o5 t4e 5oregoing a securit anageent tea 4ea

constituted i5 arranted.
;Subsec. /1/.3 Securit +rogra. '4e securit progra o5 eac

b its board o5 directors or t4e countr 4ead in t4e case o5 a 5ore
progra s4all de5ine easures and procedures to detect and pre
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ell as provide contingenc plans in case o5 calaities terrorist
'4e securit progra s4all include t4e 5olloing:
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a. nstallation o5 t4e prescribed iniu securit devices@
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b. $ sc4edule 5or t4e periodic inspection testing and servicing o5
bankCs o55ices designation o5 an o55icer or eploee Upload to Download
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School Safety 66640329 Legal tested
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c. Standard operating procedures 5or t4e sa5ekeeping o5 all curre
full documents.
valuables in vaults or sa5es@
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d. +rovision 5or ot4er securit easures  a
and procedures aied
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procedures 5or t4e transport o5 5unds and ot4er cas4 ites and d
ipleentation@
e. +rovision 5or t4e training and periodic re?training o5 eploees

under t4e securit progra including t4e proper use o5 securit
during and a5ter an eergenc situation@
5. ,ontingenc easures 5or securit and rescue operations in e
g. +rovision 5or t4e posting o5 ade<uate nuber o5 securit perso

bankCs preises and t4e iniu nuber o5 4ours 4en eac4
4. Suc4 ot4er provisionsAeasures as t4e president o5 t4e bank o

bank branc4 a in consultation it4 its securit o55icer dee a
;Subsec. /1/. -iniu Securit -easures.
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a. &uard Sste. $ll banking o55ices s4all be anned b an ade

deterined b t4e bank taking into consideration its si=e locatio
re<uireent: +rovided '4at cas4 centers s4all be anned b an
a be necessar during banking 4ours. Bor t4is purpose ;,as4
4andle t4e cas4 re<uireents o5 ot4er branc4es o5 t4e sae ban
b. Securit !evices. it4in one 4undred tent /207 calendar

t4e case o5 e>isting o55ices and be5ore opening 5or business in t4e
e55ectivit o5 t4is circular banks s4all e55ect t4e installation oper
appropriate o5 t4e 5olloing securit devices in eac4 banking o55
/. $ tie dela device in t4e cas4 vaultAsa5e@
2. $ lig4ting sste 5or illuinating t4e area around t4e vault i

banking o55ice@
3. 'aper?resistant locks on e>terior doors and indos@

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
. $ robber alar sste or ot4er appropriate device 5or prop
o55ice eit4er directl or t4roug4 an interediar o5 an attepted
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. $nti?burglar or intrusion sste capable your documents
detecting todow
propt
or ceiling o5 t4e bank preises including t4e vaults7@ and
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School Safety 66640329 Legal Swot Analysis of
Cctv Final Checklist of Introduction to
6. Suc4 ot4er devices
like t4e closed circuit television ,,'V7 a
deter t4e coission o5 bank cries and assist in t4eOR identi5icat
+rovided '4at t4e bank securit o55icer s4all consider aong ot4
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full documents.
i. '4e incidence o5 cries against t4e particular banking o55ice
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area 4ere t4e banking o55ice is located@
ii. '4e aount o5 currenc or ot4er valuables e>posed to robber
iii. '4e distance o5 t4e banking o55ice 5ro t4e nearest la en5orc
re<uired 5or la?en5orceent o55icers to arrive at t4e banking o55
iv. '4e cost o5 t4e securit devices@
v. (t4er e>isting securit easures in e55ect at t4e banking o55ic
vi. '4e p4sical c4aracteristics o5 t4e banking o55ice structure a
Eac4 bank s4all install operate and aintain securit devices 4

bank protection e<uivalent at least to t4e standards prescribed
c. Vaults and Sa5es. Vault alls ceilings and 5loors s4all be ad
e<uall sa5e aterialsAspeci5ications. Vault doors s4all be ade
aterial e<uipped it4 a dual cobination lock and tie?dela d
grill doors: +rovided '4at all vaults constructed a5ter t4e e55ecti
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Plan 2010-2011 Aspect RA 5487 … Walls Continue for Free Supporting… the Ice Cream…

;Subsec. /1/. Reports. )anks s4all conduct a revie and sel5?

ensure t4eir copliance it4 prescribed securit re<uireents.
be approved b t4e bankCs board o5 directors or countr 4ead in
sel5?assessent o5 copliance it4 prescribed securit re<uire
progra i5 aended during t4e ear7 s4all be subitted annual
Supervision and E>aination Sector on or be5ore 30 Fanuar o5 t
5orat s4on in $ppendi> /0. '4e sel5?assessent toget4er it4
considered categor $?2 reports.
;Subsec. /1/.6 )angko Sentral ng +ilipinas nspection. !uring

rig4t to per5or a copliance assessent o5 t4e ade<uac o5 a b
approval o5 t4e &overnor a also conduct at an tie a targett
o5 its securit progra to deterine copliance it4 regulations
services o5 e>perts as resource persons.
;Subsec. /1/.1 ,oon Securit Service +rovision. $ bank

services o5 a securit o55icer or a securit anageent tea it4
;Subsec. /1/.8 Sanctions. $n violation o5 t4e provisions o5 t4

Related titles t4e iniu standards set 5ort4 or an directive o5 t4e -onetar
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4ereo5 s4all be subject to t4e adinistrative sanctions provided
depending on t4e aterialit or seriousness o5 t4e violation cons
an unsa5e and unsound banking practice.D You're Reading a Previ
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Section 2. Repealing ,lause. ,) ,ircular %o. 66 dated 21$pr
dated  (ctober /99 and -eorandu ,ircular 5or $ll )anks da
rules and regulations contrar to or inconsistent Upload
it4tot4e
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Plan 2010-2011 aended
Aspect RA 5487 …andAor
Walls odi5ied accordingl. Supporting… the Ice Cream…
OR
Section 3. E55ectivit. '4is ,ircularBecome a Scribd

s4all take member
e55ect to read
5i5teen an
/7
full documents.
(55icial &a=ette or in a nespaper o5 general circulation.
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6/30/22, 2:36 PM BSP Circular 620 | PDF | Bank Vault | Security Guard

Subject: Revised rules and regulation on bank protection

Subject : REVSE! R"#ES $%! RE&"#$'(%S (% )$%* +R(

+ursuant to -onetar )oard Resolution %o. /01 dated / $ugus

Section /. '4e provisions o5 Section /1/ o5 t4e -(R) and its S

;Subsec. /1/./ (bjectives. '4ese regulations are designed to

c. $ssist la en5orceent agencies in t4e identi5ication appre4e

in t4e case o5 a 5oreign bank branc4 s4all appoint or designate

'4e securit o55icer ust: a7 at least be t4irt 307 ears o5 ag

'4e securit o55icer s4all be responsible 5or:

a. '4e developent and adinistration o5 a securit progra acc

b. '4e conduct o5 continuing securit aareness progra aong

c. nvestigation o5 bank robberiesA4old?ups recoending t4e 5

d. '4e establis4ent o5 an e55ective orking relations4ip it4 t4e

e. '4e conduct o5 continuing researc4 and studies on ne tec4ni<

Bor purposes o5 t4e 5oregoing a securit anageent tea 4ea

;Subsec. /1/.3 Securit +rogra. '4e securit progra o5 eac

You're Reading a Previ

Become a Scribd member to read an

e. +rovision 5or t4e training and periodic re?training o5 eploees

5. ,ontingenc easures 5or securit and rescue operations in e

g. +rovision 5or t4e posting o5 ade<uate nuber o5 securit perso

4. Suc4 ot4er provisionsAeasures as t4e president o5 t4e bank o

;Subsec. /1/. -iniu Securit -easures.

a. &uard Sste. $ll banking o55ices s4all be anned b an ade

b. Securit !evices. it4in one 4undred tent /207 calendar

/. $ tie dela device in t4e cas4 vaultAsa5e@

2. $ lig4ting sste 5or illuinating t4e area around t4e vault i

3. 'aper?resistant locks on e>terior doors and indos@

iv. '4e cost o5 t4e securit devices@

v. (t4er e>isting securit easures in e55ect at t4e banking o55ic

vi. '4e p4sical c4aracteristics o5 t4e banking o55ice structure a

Eac4 bank s4all install operate and aintain securit devices 4

You're reading a preview 

Unlock full access (page 4) by 

;Subsec. /1/. Reports. )anks s4all conduct a revie and sel5?

;Subsec. /1/.6 )angko Sentral ng +ilipinas nspection. !uring

;Subsec. /1/.1 ,oon Securit Service +rovision. $ bank

;Subsec. /1/.8 Sanctions. $n violation o5 t4e provisions o5 t4

Section 3. E55ectivit. '4is ,ircularBecome a Scribd

$-$%!( -. 'E'$%&,( FR.

Reward Your Curiosity 

Everything you want to read.

Read free for 30 days

No Commitment. Cancel anytime.

You might also like

School Safety Plan 2010-2011

66640329 Legal Aspect RA 5487 as Amended 2

Swot Analysis of Walls

Checklist of Supporting Documents for Infra (Contract)

Introduction to the Ice Cream Industry

Securetrac Technology Group Security Systems VIC 3697950

Class 12 bst project

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