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ARNs are provided to borrowers at various instances namely, when they do walk-in visits at the closed bank’s premises during PDIC takeover operations, or
THE Philippine Deposit Insurance Corporation (PDIC), liquidator of closed banks, announced that loan payments and records-keeping would be more efficient if closed bank borrowers use their Account Reference Numbers (ARNs) when they pay at branches of the Philippine National Bank (PNB). The PDIC explained that the ARN is a unique…