Frequently Asked Questions on Various Circulars Issued by the Philippine Clearing House Corporation Related to the Check Image Clearing System

SINCE DECEMBER 2015, the Philippine Clearing House Corporation (PCHC) has issued certain policies and regulations related to the Check Image Clearing System (CICS), non-acceptance of erasures and alterations on checks, non- acceptance of old format checks, and reminders and clarifications on writing information on checks. These policies and regulations are consolidated in the following Frequently Asked Questions(CICS FAQS).