Answer First
Primary Text
Relationships with other Institutions.-
a. In the event the Corporation decides to reactivate or reopen the Postal Savings Bank after ascertaining its financial viability and in response to public clamor, it shall operate such services without, as much as practicable, unduly competing with rural, commercial, or universal banks. The Corporation shall utilize the facilities of such banks whenever convenient and economical, under such terms and conditions as may be agreed between the parties concerned.
b. The Corporation shall establish a working arrangement with the Bureau of Customs to facilitate the inspection, release or delivery of foreign parcels and mail matters which may be liable for customs taxes and other import charges. It may organize a special unit or designate specific postal branches for handling such mail matters. In lieu of assigning its own personnel, the Bureau of Customs may appoint the Corporation or delegate its customs and collection powers thereto, subject to some mutually agreed upon terms and conditions, including the reimbursements of cost to the Corporation or the payment for services based on percentage of the amount of tax collected.
c. Any local government unit may enter into contract with the Corporation for the use of the former's building, facilities, or land, either gratis or for a consideration, or for the management and operation by the local government unit of a post office or postal branch in its territory.
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