Posts Tagged BSP

BSP eases ID requirements for select bank transactions amid ECQ

Robie de Guzman   •   April 1, 2020

MANILA, Philippines – The Bangko Sentral ng Pilipinas (BSP) on Wednesday said it has relaxed the requirement for the presentation of a valid identification document (ID) for customer boarding and...

BSP urges public: ‘Keep calm, use digital banking’ amid COVID-19 threat

Robie de Guzman   •   March 15, 2020

MANILA, Philippines – The Bangko Sentral ng Pilipinas (BSP) on Saturday urged the public to use e-banking and digital payment services amid the threat of novel coronavirus disease (COVID-19) in...

Bangko Sentral suspends work, closes offices for disinfection vs coronavirus

Robie de Guzman   •   March 12, 2020

MANILA, Philippines – The Bangko Sentral ng Pilipinas (BSP) on Thursday announced it will temporarily suspend work and close its offices for two days to facilitate disinfection of its premises...

P20 coins now ready for 2020 — BSP

Marje Pelayo   •   December 31, 2019

MANILA, Philippines – The Bangko Sentral ng Pilipinas (BSP) has announced that P20 coins are ready for circulation come January 1, 2020. The newest addition in the BSP’s coin series...

BSP releases new P20, enhanced P5 coins

Robie de Guzman   •   December 17, 2019

MANILA, Philippines – The Bangko Sentral ng Pilipinas (BSP) on Tuesday released the new P20 coin that would gradually replace the P20 New Generation Currency (NGC) banknotes. In a statement,...

BSP eases lending process for overseas Filipino workers

Robie de Guzman   •   December 3, 2019

MANILA, Philippines – The Bangko Sentral ng Pilipinas (BSP) announced it has enhanced the guidelines on the granting of consumer loans for overseas Filipino workers (OFW) in order to facilitate...

DOLE, BSP back e-payment of wages for private workers

Robie de Guzman   •   November 20, 2019

MANILA, Philippines – The Department of Labor and Employment (DOLE) and the Bangko Sentral ng Pilipinas (BSP) have expressed support for the electronic payment of salaries through formal accounts for...

BSP to adopt National QR Code standard for payments

Marje Pelayo   •   October 18, 2019

MANILA, Philippines – The Bangko Sentral ng Pilipinas (BSP) is now adopting a National Quick Response (QR) Code Standard for payments. The BSP, on its website, said the move is...

OFW remittances up by 3.6% in eight months — BSP

Marje Pelayo   •   October 16, 2019

MANILA, Philippines – The Bangko Sentral ng Pilipinas (BSP) noted a significant increase in personal remittances of overseas Filipinos workers (OFW) by 3.6% in the past eight months of 2019....

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