BY VINCE JACOB VISAYA
SANTIAGO CITY (December 2)—The Philippine Deposit Insurance Corp. (PDIC) has encouraged depositors of the closed Cooperative Bank of Aurora to file their deposit insurance claims until December 9 this year.
The PDIC, in a statement, on Thursday said based on its latest data, deposit insurance claims for 514 accounts with aggregate insured deposits amounting to P3.1 million have yet to be filed.
The data also showed that as of Sept. 30, 2022, the PDIC had paid the depositors of the closed cooperative bank the total amount of P12.4 million, corresponding to 79 percent of the bank’s total insured deposits amounting to P15.9 million.
The depositors are advised to file their claims either online or through postal mail.
When filing claims through email, scanned copies or photo images of the signed and accomplished claim form, evidence of deposit such as the first page of the savings passbook with account name/number and last page with account balance, or the front and back portion of the certificate of time deposit, and one valid photo-bearing ID with the depositor’s signature should be attached to the email.
For claims filed personally or via postal mail or courier service, the depositors are advised to submit the accomplished, signed and notarized claim form, original savings passbook and/or certificate of time deposit and photocopy of one valid photo-bearing ID with depositor’s signature.
The depositors are further advised that additional documents and/or original copy of documents submitted via email may be required by the PDIC, as necessary, in the course of evaluation and processing of claims.
Those who are below 18 years old should mail or submit either a photocopy of their birth certificate issued by the Philippine Statistics Authority or a duly certified copy issued by the local civil registrar.
Representatives of claimants are required to mail or submit an original copy of a notarized special power of attorney of the depositor or parent of a minor depositor.
Under the PDIC Charter, depositors are given two years from the bank takeover to file deposit insurance claims with the PDIC.
The cooperative bank was taken over by the PDIC on Dec. 9, 2020 after it was ordered closed by the Monetary Board of the Bangko Sentral ng Pilipinas on Dec. 3, 2020.
The depositors who have outstanding loans or payables to the bank will be referred to the duly designated loans officer before the settlement of their deposit insurance claims, the PDIC said. THE MANILA TIMES