future payment of money, or for the future transfer of any stock, on each two hundred pesos, or fractional part the reof, of the par value of such stock, four centavos. ( d ) On all bonds, debentures, certificates of stock, or certificates of indebtedness issued in any foreign country there shall be paid by the person here selling or transferring the same, such tax as is required by law on similar instruments when issued, s old, or transferred in the Philippine Islands. DECSIT ( e ) On all certificates of profits, or any certificate or memorandum showing interest in the property or accumulations of any association, company, or corporation, and on all transfers of such certificates or memoranda, on each two hundred pesos, or fracti onal part thereof, of the face value of such certificate or memorandum, two centavos. (f) On each bank check, draft, or certificate of deposit, not drawing interest, or order for the payment of any sum of money drawn upon or issued by any bank, trust company, or any person or persons, companies, or corporations, at sight or on demand, two c entavos. ( g ) On all bills of exchange (between points within the Philippine Islands), drafts, and certificates of deposit drawing interest, or orders for the payment of any sum of money otherwise than at sight or on demand, and on all promissory notes, except bank  notes issued for circulation, and on each renewal of any such note, on each two hundred pesos, or fractional part thereof, of the face value of any such bill of exchange, draft, certificate of deposit, or note, two centavos. ( h ) Upon any acceptance or payment upon acceptance of any bill of exchange or order for the payment of money purporting to be drawn in a foreign country but payable in the Philippine Islands, on each two hundred pesos, or fractional part thereof, of the face  value of any such bill of exchange or order, or the Philippine equivalent of such value, if expressed in foreign currency, two centavos. TDcEaH ( i ) On all foreign bills of exchange and letters of credit (including orders, by telegraph or otherwise, for the payment of money issued by express or steamship companies or by any person or persons) drawn in but payable out of the Philippine Islands, in a  set of three or more according to the custom of merchants and bankers, on each two hundred pesos, or fractional part thereof, of the face value of any Copyright 2012 CD Technologies Asia, Inc. and Accesslaw, Inc. Philippine Law Encyclopedia 2011 473