!!! CAUTION !!! DISCOUNTS ARE ONLY FOR PAYMENTS MADE TO the BPI ACCOUNT
Do not deposit any checks to RCBC. That bank account from what I have been told is being controlled by GDC (Greenfield). They have no right to control the Residential Areas of the building according to the Master Deed. Further, only deposit checks to the BPI account. The BPI account has the discount !!! Make sure you make out the check to that account and make sure you get a receipt to that fact from those managing in the 4th Floor administration office. The Union Bank account is frozen and a part of the legal complaint now in court.
SOSAJB from my understanding is now aligned with and taking orders from Greenfield (GDC). There are those in the 4th Floor administration office, I have been told, are saying to deposit to RCBC. Please do not do that and make sure that your payments are deposited to the BPI account. See the details once again in the memo below. Make sure you have this confirmed in writing and perhaps bring a witness with you when talking to those in the admin office. YES, it is getting quite serious here.
Banks from my understanding
RCBC (Greenfield controls) - Union Bank (Frozen but will accept payments and not pay interest and will not allow withdrawals by Greenfield or SCCC or RAC. This bank account and the action of Union Bank are now a part of a court action.) - BPI (RAC controlled under the name of Buenhijo Diaz of the RAC to keep others from gaining access to its funds.)
OK, OK - IF YOU DO NOT WANT TO DEPOSIT TO BPI and wisely do not want Greenfield (GDC) to have access and control of your money via the RCBC account, then deposit to the Union Bank account. It is frozen to all parties. That account will NOT pay interest during this time to Soho Central Condominium Corporation (SCCC) and there is NO discount for advanced yearly payments. But remember, that account cannot pay the bills such as electric for the common areas, garbage collection, water via the main meter, etc. Spread the word.
Frozen Union Bank account
All Unit Owners: Write to the Central Bank and ask them to investigate why Union Bank froze the account. Everyone call and write asking the Central Bank to fully investigate all matters in the handling of the account by Union Bank and if they followed the law & regulations.
BANKS
http://www.bsp.gov.ph/about/advocacies_fin_cam.asp
Financial Consumer Protection Department
Central Supervisory Support Subsector
Supervision and Examination Sector
Bangko Sentral ng Pilipinas
5th floor Multi-Storey Building
BSP Complex, Ermita
1800 Manila
Telephone Numbers:
Trunk Line: (632) 524-7011, extension nos. 2584
Direct Line: (632) 523-3631
E-mail Address:
consumeraffairs@bsp.gov.ph
***
Additional information for wiring. I do not know why this was not put on the memo.
Swift Code: BOPIPHMM
Bank Name: BPI FAMILY SAVINGS BANK
Bank Address: UNIT 6 LEVEL 1, SOHO CENTRAL, 748 SHAW BLVD., MANDALUYONG CITY 1550 PHILIPPINES
Remember to put your name and unit number in the bank form in "other information" or whatever the form calls it so your payment is identified.
