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BancNet Circulars No. BDD 2020 0030 and No. BDD 2021 0019

The document discusses changes to data retention policies for transactions made through the eGov and TPG systems. Effective August 1, 2021, TPG data will only be available online for 4 months from the transaction date. Transactions older than 4 months will be archived for up to 10 years. Participants are responsible for maintaining their own archives. The circular informs participants of the changes and provides contact information for questions.

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0% found this document useful (0 votes)
138 views2 pages

BancNet Circulars No. BDD 2020 0030 and No. BDD 2021 0019

The document discusses changes to data retention policies for transactions made through the eGov and TPG systems. Effective August 1, 2021, TPG data will only be available online for 4 months from the transaction date. Transactions older than 4 months will be archived for up to 10 years. Participants are responsible for maintaining their own archives. The circular informs participants of the changes and provides contact information for questions.

Uploaded by

TiM
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
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Download as PDF, TXT or read online on Scribd
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BancNet Circular No.: BDD-2020{030

DATE: Oecember 21, 2020

TO: EGOV PARTICIPANTS

SUBJECT: RETENTION OF EGOV DATA AND IMPTEMENTATION OF PAYMENT REFERENCE


NUMBER FOR SSS TOAN PAYMENTS

1. RETENTION OF EGOV DATA

Effective April 1, 2021, eGov data will be available online for a maximum of four (4) months from the date
of transaction. Thiswill help ensure stability of the ecov System and Database and proper housekeeping
of historical records. Transactions older than 4 months will be archived up to ten (10) years. lt is the
responsibility of each eGov Participant to maintain its own ecov archives in accordance with the bank's
data retention policy.

To give chance for the eGov Clients to print the necessary transaction receipts for 2019 and 2020, the data
from January 1, 2019 up to December 31, 2020 will be available in the ecov System until March 31, 2021.

2. IMPLEMENTATION OF PAYMENT REFERENCE NUMBER FOR SSS LOAN PAYMENTS

ln compliance with the SSS directive to use the Payment Reference Number (PRN) for loan payments,
BancNet shall apply said enhancement on the ecov 5SS module starting January 1, 2021. ln line with this,
the uploading of 55S Loan file to the ecov System shall be deactivated. All pending SSS loan payments
must be approved before the said date. Pending loan payments shall be automatically cancelled on
January 1, 2021 and must be filed using My.SSS website.

An advisory was posted on the ecov Login Page to inform the Corporate Users that effective January 1,
2021, SSS will strictly implement the use of Payment Reference Number (PRN) generated from My.SSS for
Loan Payment.

Kindly inform your corporate clients regarding this circular.

Please contact the eGov Coordinator at edicoordinato f @ bancnetonline.com or Mr. Alvin Sore, Product
Manager, at [email protected] for questions and clarifications regarding eGov and/or this
circular.

Thank you.

ARI P. ZAFRA,
Chie 'R.
cutive Olficer
Banrclllet
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BancNet Circular No.: BDD-2021-0019

DATE: Aptil L4,2O2L

TO TPG PARTICIPANTS

SUBJECT: RETENTION OF TAX PAYMENT GATEWAY (TPG} DATA

Effective August 1, 2021, Tax Payment Gateway (TPG) data will be available online for a maximum of four
(4) months from the date of transaction. Thiswill help ensure stability of the TPG system and Database
and proper housekeeping of historical records. Transactions older than 4 months will be archived up to
ten (10) years. lt is the responsibility of each ecov Participant to maintain its own TPG archives in
accordance with the bank's data retention policy.

To give chance for the TPG Clients to print the necessary transaction receipts for 2019 and 2020, the data
from January 1,2019 up to December 31, 2020 will be available in the TPG System untilJuly 31, 2021.

Kindly inform your corporate clients regarding this circular.

Please contact the eGov Coordinator at [email protected] or Mr. Alvin Sore, Product
Manager, at [email protected] for questions and clarifications regarding TPG and/or this
circular.

Thank you.

AR P. ZAFRA, JR.
chi xec utive Olficer
BancNet, lnc.

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