00:00 The Philippine Clearinghouse Corporation or PCHC reported banks are set to implement a new format for checks
00:07 PCHC president Emanuel Barcena said starting May 1st
00:11 Banks will no longer accept old format checks
00:14 The new standard format uses boxes to indicate the date in numeric format month day and year
00:21 Which is similar to the standard used for Philippine passports
00:25 He also advised checkbook owners with the old format to get replacement with a new design
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