PhilPass Fund Transfers Remain Free Until 2021
The Bangko Sentral ng Pilipinas (BSP) has further extended the suspension of fees for every fund transfer transaction made through the Philipine Payment and Settlement …
Bangko Sentral ng Pilipinas
BSP to Publicly Disclose Erring Banks and Financial Institutions
To promote transparency and market discipline and deter banks from misbehaving and protect the public interest, the Bangko Sentral ng Pilipinas is planning to make …
Bank Complaints? Tell That to BOB
The Bangko Sentral ng Pilipinas (BSP) recently introduced BOB—BSP Online Buddy—a chatbot that can assist consumers who seek help in relation to their complaints against …
BSP, Bankers’ Association, Worry Over 365-day Moratorium on Loan Payments
The Bangko Sentral ng Pilipinas (BSP) expresses its reservation on the proposed 365-day moratorium on loan payments under the Bayanihan 2 bill given the significant …
BSP Launches Enhanced PH Banknotes
The Bangko Sentral ng Pilipinas has recently launched a set of enhanced banknotes under the New Generation Currency (NGC) series, with an improved design and …
Free Fund Transfer, Extended Until September
While the country continuously battles the pandemic, several banks have agreed to extend the waiver on fund transfer fees in a bid to help the …
BSP to Release Implementing Guidelines for National Payment Systems
Recognizing the important role of payment systems in a stable financial system and in realizing monetary policy objectives, the Bangko Sentral ng Pilipinas (BSP) will …
More Households Saved Money in Q1 2019
A survey from the Bangko Sentral ng Pilipinas (BSP) shows that more Filipino families have been setting aside money for various reasons in the first …
Dollar Remittances Reach $2.75B in January 2019
The Bangko Sentral ng Pilipinas (BSP) records a slight increase in the amount of dollar remittances from Filipinos abroad in January 2019, as compared to …
BSP Sets New Regulations on Marketing of Financial Products
Due to the complexity of financial products being offered in the market, BSP has issued new rules for its supervised financial institutions to prevent clients …