Banking Laws Table
1
RA 3765 Truth in Lending Act June 22, 1963 P100 – 2x finance charged required, but not more than P2,000 P1,000 to P5,000, 6m – 1y or both RA 1405 Law on Secrecy of Bank Deposits September 9, 1955 P20,000, 5y or both RA 6426 Foreign Currency Deposit Act April 4, 1974 P5,000 to P25,000 1y – 5y Act No. 3936 Unclaimed Balances Act P500 a month, or a fraction PD 679 Unclaimed Balances Act (amending 3936) April 2, 1975 Same Act No. 3952 Bulk Sale s Law December 1, 1972 P5,000 6m – 5y, or both RA 9160 Anti-Money Laundering Act of 2001 September 29, 2001 (A-D) P3M to 2x value, 7y – 14y RA 9194 1 st Amendment March 7, 2003 (E-F) P1.5 to 3M 4y – 7y RA 10167 2 nd Amendment June 6, 2012 RA 10365 3 rd Amendment February 15, 2013
-
Upload
david-gil-morales -
Category
Documents
-
view
214 -
download
1
description
Banking Laws Table
Transcript of Banking Laws Table
RA 3765Truth in Lending Act June 22, 1963P100 2x finance charged required, but not more than P2,000
P1,000 to P5,000, 6m 1y or both
RA 1405Law on Secrecy of Bank DepositsSeptember 9, 1955P20,000, 5y or both
RA 6426Foreign Currency Deposit ActApril 4, 1974P5,000 to P25,0001y 5y
Act No. 3936Unclaimed Balances ActP500 a month,or a fraction
PD 679Unclaimed Balances Act (amending 3936)April 2, 1975Same
Act No. 3952Bulk Sales LawDecember 1, 1972P5,0006m 5y, or both
RA 9160Anti-Money Laundering Act of 2001September 29, 2001(A-D) P3M to 2x value,7y 14y
RA 91941st AmendmentMarch 7, 2003(E-F) P1.5 to 3M4y 7y
RA 101672nd AmendmentJune 6, 2012
RA 103653rd AmendmentFebruary 15, 2013
