Filipinos and Philippine businesses are on the move! With swelling overseas deployment and new enterprises, Bank Certificates for issuance of foreign visas and Treasurer-in-Trust-for (TITF) Certificates for corporate registration, respectively, are on the upsurge.

To address the need of embassies or consulates on the one hand, and the Securities and Exchange Commission, on the other, to validate said Certificates, PSBank is now enabling this thru our website.

Concerned entities may access this inquiry facility by following these simple procedures:

For Bank Certificate Validation:

1. Click here for Bank Certification Validation.
2. Input Certificate Name - name of the visa applicant.  Disregard the asterisks (*) when encoding the Certificate Name.
3. Input Certificate Number - located at the upper portion of the bank certification.  Please include the hyphens (-) when encoding the Certificate Number.
4. Input Balance - total amount of all accounts requested for bank certification.  A separate certification will be issued for Peso and Dollar accounts.  There is no need to input the currency of the amount.
5. Input Reference Barcode Serial - serves as the digital signature on approved certifications.  This field is case-sensitive therefore exact code should be inputted.
6. Input Image Verification Code - a random image code serves as an additional security feature.  This should be encoded as shown on the screen.
7. Click Validate button - system will process the copy of the certification.  It will prompt a message if you wish to secure a copy of the certification.  Click "OK" if yes, system will generate an imaged copy of the certification.  Click "Cancel" if no.

Note: If you click on "Exit" button, it will return you to PSBank's website.

For TITF Certificate Validation:

1. Click here forTITF Certificate Validation.
2. Input Certificate Name - corporate name of certificate applicant.  Disregard the asterisks (*) when encoding the Certificate Name.
3. Input 14-digit Certificate Number - located at the upper portion of the bank certification.  Please include hyphens (-) when encoding the Certificate Number.
4. Input Total Peso Balance - total amount of all accounts requested for bank certification.  There is no need to input the currency of the amount.  TITF Certification is currently offered to Peso accounts at the moment.
5. Input Reference Barcode Serial - serves as the digital signature on approved certifications.  This field is case-sensitive therefore exact code should be inputted.
6. Input Image Verification Code - a random image code serves as an additional security feature.  This should be encoded as shown on the screen.
7. Click Validate button - system will process the copy of the certification.  It will prompt a message if you wish to secure a copy of the certification.  Click "OK" if yes, system will generate an imaged copy of the certification.  Click "Cancel" if no.

Note: If you click on "Exit" button, it will return you to PSBank's website.

A prerequisite to the use of these online inquiries is a duly accepted and signed waiver of the depositor’s rights under the Secrecy of Bank Deposits Law (RA 1405), as part of your application procedures. Availment then of our inquiry facility is ipso facto acknowledgement by the duly authorized user that this condition has been met.

Depending on the type of deposit account, the following details shall be included in the authenticated bank certification:

• Savings/Current Accounts
  • Date Opened
  • Initial Deposit
  • Account Name
  • Average Daily Balance (ADB) for the last six months
  • Current Balance
  • Date the Certification was Issued

• Time Deposit Accounts 
  
  • Date Opened
  • Term of Time Deposit (e.g. 30 days, two months, one year, automatic rollover, etc.)
  • Interest Rate
  • Account Name
  • Current Balance
  • Any penalty or loss of interest due to early closure
  • Date the Certificate was Issued

These secure and reliable authentication procedures are PSBank’s answer to the risk on bogus or tampered bank and TITF certifications upon which visa approvals and company registrations are based. 

PSBank ... simple lang.