147 BANK PROTECTION
a. Promote maximum protection of life and property against crimes (e.g., robbery, hold-up, theft, etc.) and other destructive causes;
b. Prevent and discourage perpetration of crimes against bank; and
c. Assist law enforcement agencies in the identification, apprehension and prosecution of the perpetrators of crimes committed against banks.
a. Before appointing its CSO, the board of directors must ensure that its security officer-designate meets the following minimum qualifications:
(1) Be at least thirty (30) years of age;
(2) Be a college graduate;
(3) Have at least five (5) years experience in the field of law enforcement and/or security operations, two (2) years of which is in a managerial position; and
b. All CSOs, including those acting in concurrent capacity shall be responsible for:
(1) Developing and administering a security program appropriate to the risk profile of the bank;
(2) Constituting a security management team, as appropriate;
(3) Conducting a security awareness program among bank employees on a continuing basis;
(4) Investigating bank robberies/hold-ups, recommending the filing of appropriate charges in court as the evidence may warrant and assisting in the prosecution of the perpetrator(s) thereof;
(5) Establishing an effective working relationship with the Bangko Sentral, PNP and other law enforcement agencies in the prevention of bank crimes and other natural and man-made hazards; and
(6) Implementing new techniques, methods and equipment to enhance bank protection measures in a cost effective manner.
a. Installation of the prescribed minimum security devices;
b. A schedule for the periodic inspection, testing and servicing of all security devices installed in each of the bank’s offices, designation of an officer or employee responsible for ensuring that such devices are inspected, tested, serviced and kept in good working order, and requiring record of such inspections, testing and servicing;
c. Standard operating procedures for the safekeeping of all currencies, negotiable securities and similar valuables in vaults or safes;
d. Provision for other security measures and procedures aimed at giving added protection to the bank, e.g., procedures for the transport of funds and other cash items, and defining responsibility for their implementation;
e. Provision for the training and periodic re-training of employees in their respective areas of responsibility under the security program, including the proper use of security devices and proper employee conduct during and after an emergency situation;
f. Contingency measures for security and rescue operations in emergency situations;
g. Provision for the posting of adequate number of security personnel in all vital and/or critical areas in the bank’s premises, and the minimum number of hours when each personnel shall be on duty; and
h. Such other provisions/measures as the president of the bank or country head in the case of a foreign bank branch may, in consultation with its security officer, deem appropriate.
a. Guard system. All banking offices shall be manned by an adequate number of security personnel to be determined by the bank, taking into consideration its size, location, costs and overall bank protection requirement: Provided, That cash centers shall be manned by an adequate number of security guards as may be necessary during banking hours. For this purpose, cash centers shall refer to branches which also handle the cash requirements of other branches of the same bank.
b. Security devices. Within 120 calendar days from 23 September 2008 in the case of existing offices and before opening for business in the case of offices to be opened after 23 September 2008, banks shall effect the installation, operation and maintenance, as individually appropriate, of the following security devices in each banking office;
(1) A time delay device in the cash vault/safe;
(2) A lighting system for illuminating the area around the vault, if the vault is visible from outside the banking office;
(3) Tamper-resistant locks on exterior doors and windows;
(4) A robbery alarm system or other appropriate device for promptly notifying the nearest law enforcement office either directly or through an intermediary of an attempted, ongoing or perpetrated robbery;
(5) Anti-burglary or intrusion system capable of detecting promptly an attack on the outer doors, walls, floor or ceiling of the bank premises, including the vault(s); and
(6) Such other devices like the closed circuit television (CCTV) and video recording system appropriate to deter the commission of bank crimes and assist in the identification and apprehension of the culprit/s: Provided, That the bank security officer shall consider, among other things, the following:
(a) The incidence of crimes against the particular banking office and other business establishments in the area where the banking office is located;
(b) The amount of currency or other valuables exposed to robbery and other man-made hazards;
(c) The distance of the banking office from the nearest law enforcement office and the time ordinarily required for law-enforcement officers to arrive at the banking office;
(d) The cost of the security devices;
(e) Other existing security measures in effect at the banking office; and
(f) The physical characteristics of the banking office structure and its surroundings.
c. Vaults and safes. Vault walls, ceilings and floors, shall be made of steel-reinforced concrete or such other equally safe materials/specifications. Vault doors shall be made of steel or other drill and torch resistant material, equipped with a dual combination lock and time-delay device, and provided with inner and outer grill doors: Provided, That all vaults constructed after 23 September 2008 shall be equipped with a breathing/ventilation device and emergency button capable of giving audible and visible signal in case of accidental lock-up.
d. Security of the premises. For emergency purposes and where applicable, each banking office shall be provided with a back door with a steel or grill door which shall be used as an alternative exit door for evacuation in case of fire, flood, bomb threats, wind damage, explosion, civil disturbance, earthquake, or other emergency.
e. ATM. ATM sites shall be provided with adequate security. Where there are no security personnel assigned to secure the ATM, an anti-tampering device shall be installed or the ATM and its immediate surroundings shall be regularly inspected to promptly detect any attempt to rob or destroy the same.
f. Armored Car Operation. To ensure the protection of crew members and valuables, all armored vehicles shall be built with bullet-resistant materials capable of withstanding the firepower of high-powered firearms, e.g., M16 and M14 rifles. Moreover, armored vehicles shall be equipped with a vault or safe or a partition wall with a combination lock designed to prevent retrieval of the cargo while in transit. When in use the armored vehicles shall be provided with at least two (2) armed guards and its operations must be supervised by at least two (2) officers of the bank.