Standard Dorsal Format for Philippine Checks

Upon returning from our Bacolod trip last April, my husband and I immediately headed to the Pag-IBIG head office in Makati to issue post-dated checks for our housing loan. We were greeted with this sign on the door.

As it turned out, instead of issuing post-dated checks good for a year, we were only able to issue checks up to July 2010. Our personal check still bore the old format which looked like this:

We were then advised to order a new booklet of checks from our bank. By the way, our bank officer was clueless at first about the dorsal format. I had to tell her that it's the one with the boxes, LOL! It was only after receiving our new booklet that I discovered how the standard dorsal format actually looks like. See the photo below:

As you can see, the new format has those boxes drawn behind each check. Nothing much has changed in filling up the form, though. We were asked to write my husband's name (he's the one who made the loan by the way), our contact details, and the housing loan number. I don't know if the our old checks will still be accepted by other banks or institutions. But since it's the Philippine Clearing House that has supposedly required this, I think it's logical to assume that the new rule applies to all.

We also had the chance to ask about our home's fire insurance. Thankfully, we were advised not to inquire about fire insurance quotes anymore since the loan amount we are paying already covers fire insurance fees until the end of our loan's term.

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