The Philippine Deposit Insurance Corporation (PDIC) issued Bulletin No. 2009-27 for all its member banks specifying guidelines and procedures on posting, display and procurement of PDIC decals and stickers bearing the new maximum deposit insurance coverage of P500,000.

In a statement, PDIC said that the issuance is in connection with the effectivity of Republic Act 9576 or the amended PDIC Charter on June 1, 2009. PDIC advised member banks that orders for new decals and standees may be made either through mail, telefax or online. Online order may be placed through the PDIC website, www.pdic.gov.ph. Detailed instructions on placement of orders and payment are also posted in the website.

For further information on placement of orders for new decals and stickers, PDIC advised member banks to call its Procurement, Property Management and Records Department at telephone numbers (02) 841-4915 or (02) 841-4918.