The Securities and Exchange Commission (SEC) is moving its payment channels online and offsite by February 1, as it continues to implement a zero face-to-face transaction policy.
THE Securities and Exchange Commission is moving its payment channels online and offsite by February 1, as it continues to implement a zero face-to-face transaction policy.
The shift to online payments is in line with the zero-contact policy and automation of business-related transactions mandated by Republic Act 11032 . To proceed, clients only need to enter the reference number provided in the Payment Assessment Form issued by the SEC, select a payment option, then provide the required information. Once the payment goes through, the system will generate an electronic official receipt, which clients will likewise receive through email.
The SEC also recently signed a deal with Landbank that will allow payments for SEC-related transactions to be made through its Online Collection facility in all 609 branches nationwide.
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