Did PSBank violate AMLA rules?

There is an Anti-Money Laundering Act (AMLA) that all the banks are supposed to follow, otherwise they themselves are subject to penalties and sanctions.

Did PSBank report the questionable deposits of Corona? He could not have deposited the large amounts without being covered by the AMLA, which are:

Covered transactions are single transactions in cash or other equivalent monetary instrument involving a total amount in excess of Five Hundred Thousand (P500,000) Pesos within one (1) banking day

-the amount involved is not commensurate with the business or financial capacity of the client;

-there is a deviation from the client’s profile/past transactions;

So, did PSBank exercise its functions as required, or did it violate the AMLA and "accommodated" Corona? It was most likely they did the latter. The Senate should look into this.

Foreign Currency Deposit Act specifically states that a disclosure of foreign currency bank accounts can only be made upon written permission from the depositor.
The above paragraph these bankers keep saying like a litany.
What these bankers do not divulge is that such rule only applies to foreign business investors. Corona is not a foreign investors.

If any of the bank themselves is preventing the release of the subpoenaed bank documents
then we,
the Filipino people
should boycott them by withdrawing our accounts from these banks.
we should not support these banks.
I will withdraw all of my accounts from these bank
for the support of the Filipino People.
They should not coddle hoodlum in robes,
and they should not be the protectors of corrupt government officials.

Boycott psbank n metrobank with same owner.
Sila ang pasimuno ng pagfile ng TRO
Sa supreme court because if hindi sila
Nagfile hindi naman pwede maglabas ng TRO ang supreme court
for the love of the Filipino people and our country
I will withdraw all of my accounts
From these banks.
Ang BPI hindi humingi ng TRO
ang psbank lang
Para pagtakpan si corona.
Si rizal nagpabaril para sa atin.
Tayo, the least we can do is
Show our disgust to Psbank n Metrobank
By withdrawung our accounts and sending
Them a note that we are disgusted with them
Protecting a person who stole from us
And kept it in their bank.
Parang ninakawan ka ni JUAN,
ipinatago nya kay PEDRO,
pinuntahan mo si PEDRO,
at sinabi mo kay PEDRO,
isoli mo sakin yung pera na ninakaw ni JUAN.
Ang sagot sayo ni PEDRO,
MANIGAS ka, kikita kami sa deposit na yan
Dahil lahat ng deposit dito may kita kami
Mula sa mga uutang sa amin.
Interest na Ibibigay namin sa depositors mga 3%. lang
Pero 10% singil namin sa uutang samin
Tulad ng business, housing at car loan
Tubong lugaw.
Wala kaming pakialam sayo kahit ninakaw sayo yung pera.

If you agree with me, click and use the reply button.
Let us make this message thread reach thousands
to become the number 1 message thread in this site,
so that it will reach those banks
that it is bad for their business to protect corrupt officials.

Note: If there are many comments,
This site will retain it as long as possible
at the "MOST DISCUSSED" section.
WE should unite...
click the reply button and start the thread...
DO NOT USE THE "POST NEW COMMENT"
for the thread to continue,
use the "REPLY" button.

Govt employees from top to bottom are required by law to make a public disclosure of all their assets including cash on banks, and in fact, one of the reasons why Corona is being impeached was his failure to disclose his assets accurately and on time. Now, the impeachment board is in a quandary over what to do with Corona's several bank dollar accounts which Corona REFUSES to make public during the trial and on nationwide TV coverage. Why is he being allowed to do that? By doing that isn't he openly committing the exact offense which he is being accused of - failure to disclose assets including cash on banks? My gosh, he has not only failed to disclose but he continues to fail and continues to refuse to disclose, and he is doing it right in front of the senator-judges who are tasked to find out if he has indeed committed that offense!

disclosing SALN is not enough..lahat itong mga politiko na ito dapat imbistigahan ang mga bank records nila.lahat ng government officials ay imbistigahan dahil hindi lang si corona ang may tinatago baka mas higit pa yung naghahabol kay corona.

Foreign Currency Deposit Act specifically states that a disclosure of foreign currency bank accounts can only be made upon written permission from the depositor.
The above paragraph these bankers keep saying like a litany.
What these bankers do not divulge is that such rule only applies to foreign business investors. Corona is not a foreign investors.

Boycott psbank n metrobank with same owner.
Sila ang pasimuno ng pagfile ng TRO
Sa supreme court because if hindi sila
Nagfile hindi naman pwede maglabas ng TRO ang supreme court
for the love of the Filipino people and our country
I will withdraw all of my accounts
From these banks.
Ang BPI hindi humingi ng TRO
ang psbank lang
Para pagtakpan si corona.
Si rizal nagpabaril para sa atin.
Tayo, the least we can do is
Show our disgust to Psbank n Metrobank
By withdrawung our accounts and sending
Them a note that we are disgusted with them
Protecting a person who stole from us
And kept it in their bank.
Parang ninakawan ka ni JUAN,
ipinatago nya kay PEDRO,
pinuntahan mo si PEDRO,
at sinabi mo kay PEDRO,
isoli mo sakin yung pera na ninakaw ni JUAN.
Ang sagot sayo ni PEDRO,
MANIGAS ka, kikita kami sa deposit na yan
Dahil lahat ng deposit dito may kita kami
Mula sa mga uutang sa amin.
Interest na Ibibigay namin sa depositors mga 3%. lang
Pero 10% singil namin sa uutang samin
Tulad ng business, housing at car loan
Tubong lugaw.
Wala kaming pakialam sayo kahit ninakaw sayo yung pera.