Security Bank supports BIR’s P250b April target collection, calls on businesses to settle ITR dues early

Security Bank shared its support with the BIR’s more than P250 billion collection goal for April, citing that taxes are crucial in keeping both the government and the economy going.


“We have a responsibility in settling our dues to the government, especially that the nation is highly dependent on it for economic recovery, financial assistance, and for combating the pandemic,” said Mr. John Cary Ong, Security Bank’s Head of Transaction Banking and Channels Network Group.


For its part, Security Bank remitted over P149 billion to the BIR in 2021 thru its DigiBanker Cash Management service.


Commonly known as DigiBanker, the service enables frictionless and convenient online tax payments for medium to large businesses. The bank recommends the use of the DigiBanker online platform to pay taxes at the comfort of the user’s home or office.

“Security Bank’s DigiBanker is a multi-awarded cash management and payments platform, being used by enterprises. It handles collections, fund transfers, vendor payments, and even eGov remittances, among others. For this ITR deadline, we encourage our partners to settle their payments early to avoid inconvenience,” added Mr. Ong.


BIR Commissioner Cesar Dulay tasked the BIR to collect P256.9 billion for this month – the highest this year, with a total target collection of P2.44 trillion for 2022.