Non-resident issuers or their authorized representative may purchase from their depository AAB (where the peso account is maintained) the equivalent FX of the amount deposited in their peso account, provided that these are funded by peso proceeds from the onshore sale of their PSE-listed equity securities. For this purpose, the original BSP letter-authority to purchase FX and duly accomplished application to purchase FX using the prescribed format must be submitted to the FX selling/depository AAB. Non-resident issuers or their authorized representative shall submit to the BSP, through IOD, the request to purchase FX from their depository AAB, supported by documents listed under item no. 7 of Appendix 1.1 of the FX Manual.