The Philippine National Bank has been once owned and managed by the government, I have a payroll saving's account which the University of the Philippines used as their means for financial transactions. Last year as it has been owned entirely and transfered to Lucio Tan Group and has been considered as a private bank, there's has been an existing rule that private banks cannot serve government offices. So the payroll has been transfered to Land Bank of the Phlippines but I keep my account there because I used it to deposit some of my international checks there.

Back then in PNB, It would took 45 banking days to clear an international check as promised by their tellers and helpdesk officers. On January 31, 2008 I deposited an international check and ask again to confirm how many days would the check would be cleared and the amount would be transferred to my account. The teller said "It would took 45 banking days to be in your account as it is our standard policy". I am expecting it by mid April 2008, to my surprise when I check my account today on their online banking facility it was cleared . LIARS, LOL.

I appreciate now their new system and used them in withdrawing funds from paypal. Again thanks PNB UP Diliman branch for the nice support.