21 June 2018
In connection with the issues and concerns raised by banks arising from the non-uniformity of their interpretation of the Issue Date on Checks presented for clearing, we are sending you a copy of PCHC Memo Circular No. 3445 on the Uniform Interpretation of Issue Date on Checks.
In view of this, we are requesting all units that effective July 01, 2018, the date of check issuance written entirely in numeric format shall be read by clearing banks following the month-day-year sequence.
Concerned units may as well advise their clients that if they opt to indicate the date of their check issuance purely in numeric format...