Published by Anti-Money Laundering Council(AMLCS) on May 27, 2022.
Requested from AMLC by D. Arola at 01:38 PM on
May 27, 2022.
Purpose: Bank requirements
Date of Coverage: 11/27/2017 - 05/27/2022
Tracking no: #AMLCS-452372928231
S.TAGO
May 27, 2022, 1:38 p.m.
Hi I would like to request for Provisional Certificate of Registration, for bank requirements for opening a business/company account. Your immediate response is much appreciated. Thank you.
F.OFFICER
May 27, 2022, 3:30 p.m.
May 27, 2022
Dear Ms. Tago,
We refer to your letter of May 27, 2022 01:38:34 PM about your request under Executive Order No. 2 (s. 2016) on Freedom of Information in the Executive Branch, for Provisional Certificate of Registration.
In order for us to work further on your request, we need more information from you regarding your query. In particular, please answer the following questions:
1. What is the type of business you are transacting for? Give a short description/classification.
2. What is the purpose of your transaction with the bank?
3. Are you the owner of this business? If no, what is your position/designation in the business, if applicable.
You may use the reply function on the eFOI portal at https://www.foi.gov.ph/requests/aglzfmVmb2ktcGhyHwsSB0NvbnRlbnQiEkFNTENTLTQ1MjM3MjkyODIzMQw, for request with ticket number #AMLCS-452372928231, to respond.
During the period of us awaiting your reply, your request will be put on hold. If we do not receive a reply on or before Aug 19, 2022 07:30:16 AM, your request will be closed.
We hope to hear from you at the soonest possible time.
Thank you.
Respectfully,
FOI Receiving Officer
S.TAGO
May 27, 2022, 3:46 p.m.
1. What is the type of business you are transacting for? Give a short description/classification.
- Purchasing of goods overseas specifically Southsea Pearls in Japan
2. What is the purpose of your transaction with the bank?
- Remittance/Payment for Overseas Purchased
3. Are you the owner of this business? If no, what is your position/designation in the business, if applicable.
- yes, Im the owner
F.OFFICER
June 14, 2022, 3:07 p.m.
June 14, 2022
Dear Shalhanie,
Thank you for your request dated May 27, 2022 under Executive Order No. 2 (s. 2016) on Freedom of Information in the Executive Branch, for Provisional Certificate of Registration.
We received your request on May 27, 2022 and will respond on or before Jun 17, 2022 01:38:34 PM, in accordance with the Executive Order's implementing rules and regulations.
Should you have any questions regarding your request, kindly contact me using the reply function on the eFOI portal at https://www.foi.gov.ph/requests/aglzfmVmb2ktcGhyHwsSB0NvbnRlbnQiEkFNTENTLTQ1MjM3MjkyODIzMQw, for request with ticket number #AMLCS-452372928231.
Thank you.
Respectfully,
FOI Receiving Officer
FOI Officer
A.DECISION MAKER
June 14, 2022, 3:25 p.m.
June 14, 2022
Dear Ms. Tago,
Greetings!
Thank you for your request dated May 27, 2022 01:38:34 PM under Executive Order No. 2 (s. 2016) on Freedom of Information in the Executive Branch.
The bank is requesting for a Certificate of Registration with the Anti-Money Laundering Council (AMLC) as part of its customer due diligence on a covered person (i.e., Zarina Jewelry and Watch Repair Shop) transacting with another covered person (i.e., the bank) under Republic Act No. 9160, otherwise known as the Anti-Money Laundering Act of 2001, as amended (AMLA).
The AMLC Provisional Certificate of Registration (PCOR) may be obtained by registering at the AMLC Portal at https://portal.amlc.gov.ph/amlc/ and uploading the following documents pursuant to Part 2 (Online Registration) of the 2021 AMLC Registration and Reporting Guidelines (ARRG) and Section 49 of the 2021 Anti-Money Laundering/Counter-Terrorism Financing Guidelines for Designated Non-Financial Businesses and Professions (DNFBPs):
(a) Most recent Articles of Incorporation and General Information Sheet from the Securities and Exchange Commission (SEC) or Certificate of Registration from the Department of Trade and Industry (DTI);
(b) Notarized Deeds of Undertaking of the entity, signed by the proprietor/president/directors; and
(c) Notarized Board Resolution or Certificate of Designation as Compliance Officer.
After registration, you will be provided a PCOR, which you can use to present to the bank for the opening of your online business account, in compliance with the latter’s customer due diligence measures prescribed under 2018 Implementing Rules and Regulation (IRR) of the AMLA.
However, it should be noted that the PCOR shall be valid only for a period of six (6) months, and the DNFBP shall be issued a Certificate of Registration (COR) only upon submission of the following requirements under Section 50 of the DNFBP Guidelines:
(a) Copy of business registration or permit from the city or municipality currently having jurisdiction over the place of establishment and operation of the office;
(b) List of operating office locations;
(c) Proof of attendance of the proprietor, partners, directors and principal officers in an AML seminar; and
(d) Most recent clearance from the National Bureau of Investigation (NBI) or its equivalent in a foreign jurisdiction, of all directors and principal officers.
The step-by-step registration procedure is laid down under Part 2 (Online Registration) of the 2021 AMLC Registration and Reporting Guidelines.
Should you require assistance at any stage of the registration process, or for any registration-related query, you may contact the Registration Staff, Data Collection and Management Unit of the AMLC at Telephone Nos. (632) 87087067, (632)53020-3948, or (632) 5310-3244, or Cellphone Nos. 09157780720 and 09687727045.
We hope we have been of assistance.
Respectfully,
FOI Decision Maker
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