Introducing the New Check Format Effective May 1, 2024
The Philippine Clearing House Corporation (PCHC) has announced the implementation of new check design standards and specifications to be enforced by May 1, 2024 (CICS OM No. 23-040).
Key changes to the new check format include:
Date:
Each character of the Issue Date now has its own designated box, following the numeric format MM-DD-YYYY. For example, if issuing a check on May 30, 2024, you should write its numeric equivalent, 05-30-2024. Checks with Issue Dates in alphanumeric format will no longer be accepted by banks.
Amount in Figures:
Write the amount in figures within the provided box. Note that there’s no need to include the peso sign, as it’s already indicated outside the box.
Signature:
Sign your check within the box provided on the lower right side. The traditional signature lines have been replaced with designated boxes for this purpose.
Examples of Check Formats from Metrobank, Bank of the Philippine Islands, and China Bank Savings.”
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