Complex sentence: But this stipulation is reportedly under review as the BancNet POS is now being considered for the collection requirements of government agencies and government controlled entities; in this case, a non-member bank acts as the depository while the BancNet treasury bank acts as the collecting bank.
Split into simpler sentences: But this stipulation is reportedly under review as the BancNet POS is now being considered for the collection requirements of government agencies and government controlled entities. In this case, a non-member bank acts as the depository while the BancNet treasury bank acts as the collecting bank.