274 SERVICING DEPOSITS OUTSIDE BANK PREMISES
a. The bank has no major supervisory concerns on its safety and soundness;
b. The bank shall observe prudent security measures and shall obtain appropriate insurance coverage; and
c. Transaction with depositors outside bank premises by bank personnel is deemed a transaction within bank premises and shall be recognized and/or recorded by the bank as occurring at actual point of transaction consistent with procedures for transactions made within bank premises.
(Circular No. 940 dated 20 January 2017)