ASSET MANAGEMENT SERVICE

Ensures the availability of funds to finance NG’s budgetary requirements. Maximizes the earnings of NG’s fund through timely and effective investment of idle cash balances in high yielding deposits. Administers and manages effectively the special purpose funds, namely: the Bond Sinking Fund (BSF), the Securities Stabilization Fund (SSF) and the Special Guaranty Fund (SGF). Implements the policy of zero cash balance in the Treasury Vault by depositing all collections during the day to authorized government depository bank/s (AGDBs). Determines the correctness of interest credited by AGDBs to TOP’s account.

Official	MARCELA  S.  SALAZAR, DIR
Phone Number	527-31-03; 522-81-22 loc 217
E-mail Address

RECEIPTS, INVESTMENT AND DISBURSEMENT DIVISION

Manages the cash resources of the National Government; prepares daily cash position of NG; determines daily free and restricted balances of NG; invests excess funds in high-yielding interest account to maximize interest income; keeps record of maturity schedule of all placements of NG fund; monitors daily debt service requirements of NG and other disbursements; replenishes daily Government Servicing Banks (GSBs) for MDS negotiated checks; monitors all receipts/collections of NG; prepares fund transfer tickets and investment tickets and forwards said documents to FTD for execution; manages/administers the cash resources of the Bond Sinking Fund (BSF), Securities Stabilization Fund (SSF), and the Special Guaranty Fund (SGF); prepares daily/monthly/annual schedule of assets and liabilities of BSF/SSF/SGF by sinking fund (SF) by taking into consideration the annual contribution to SF and investments; invests excess cash of BSF, SSF and SGF in higher yielding deposits.

Official	AMPARO S. ABAD, Chief
Phone Number	527-65-70; 522-81-22 loc 215; 214; 216
E-mail Address

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FUNDS VALIDATION DIVISION

In charge of the reconciliation of the deposited collections (bank reports with BTr regional offices) by: (a) matching the report of deposited collections coming from the bank and thirteen (13) BTr regional offices as to amount and value date, (b) verifying the differences noted in two reports by sending letter of confirmation to the Regional/Provincial Offices, (c) sending letter to the bank to credit TOP Account on uncredited national collections, and (d) checking that interest was correctly computed; age national collections from the regional reports to determine: (1) amount collected on a specific date, (2) date and collections were deposited to authorized government depository banks (AGDBs), (3) dishonored items debited from TOP account and inform regions concerned to collect from collecting officer/local treasurer.

Receives and logs regional and AGSB reports daily; matches daily summaries of Statements of Accounts (SAs) submitted by Gov’t. Servicing Banks against the consolidated reports of SAs submitted by BTr Reg’l. offices; notifies the AGSB head office concerned of discrepancy between AGSB daily report and reg’l. daily consolidated report; notifies BTr reg’l. offices on unmatched items and other discrepancies on either or both reports; summarizes SAs by allotment class and regions; submits reports to the Dept. of Budget & Management (DBM) on summarized paid MDS checks classified by agencies and by banks; monitors paid MDS check releases to local Gov’t. units and submit to OPS; submits reports to RIDD on paid MDS checks classified by GSBs.

Official	IMELDA G. DINGLASAN, Chief
Phone Number	522-81-22 loc 209; 210
E-mail Address

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FUND TRANSFER DIVISION

Handles the back office support for Receipts, Investment and Disbursement through the preparation of letters-authority on a daily basis covering replenishment of paid MDS checks, contribution to sinking fund, servicing of placements and roll-overs of time deposits, transfer of funds from one AGDBs/AGSBs to another and from one deposit account to another in a particular bank and confirmation with AGDB/s backoffice of details and transaction and verify the same against RIDD’s deal slip; takes charge in the settlement of Brady Bond transactions as closed/transacted by RIDD. Prepares letter-authority covering refinancing of CB-BOL accounts; Processes/Issues Acknowledgment Certificates of Indebtedness under RA Nos. 304, 897 and 369; prepares/processes Disbursement Vouchers covering budgetary support to government owned and controlled corporations and government financial institutions.

Official	AURORA S. MARCELINO, Chief
Phone Number	522-81-22 loc 211; 212
E-mail Address

CASH AND CUSTODIAL DIVISION

Administers the receipt, custody of securities (NG ownership and for safekeeping); monitors the interest coupons of these securities credited to the account of the Treasurer of the Philippines every interest payment dates; surrenders the securities to issuer upon maturity for payment; collects and issues official receipts to government owned and controlled corporation’s remittances pertaining to payment of advances, guarantee fees, dividends and other collections mandated by law to be remitted directly to the Bureau of the Treasury; collects parking fees at the Ayuntamiento property; issues MDS checks for BTr disbursements (for BTr operations and equity/subsidy support to GOCCs); LBP commercial checks for trust fund and auction expenses and for payment of backpay claims under RA Nos. 304, 897 and 369; issues certification on various contributions of BTr personnel.

Official	AMORFINA B. REYES, OIC
Phone Number	522-81-22 loc 106; 103
E-mail Address