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 …
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 …
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 …
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 …
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 …
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 …
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 …
Aiming to promote digital innovations and to increase the availability of safer and more efficient channels for delivering banking, payment, remittance, investment, and other financial …
December 2018 saw a surge in the cash remittance from overseas Filipino workers (OFW). As such, the country hit a full-year growth outpacing Bangko Sentral …
More Filipinos are now part of the country’s formal financial system as more citizens get to open their own bank accounts. Bangko Sentral ng Pilipinas …
In the Philippines, 70% of the people who are of age do not have a bank account. Majority of people, even if they do have …
In response to the growing number of Bitcoin investors after it rose to an all-time high this year, the Bank Sentral ng Pilipinas (BSP) is …
Last week, the central bank released a newly designed P5 coin that was circulated last December 1 to commemorate the 154th anniversary of Andres Bonifacio. …
In July, the second largest bank in the Philippines, Metrobank, reported a massive internal fraud that caused the bank P1.75 billion. Metrobank filed charges against …
Several months ago, Senator Aquilino “Koko” Pimentel urged the Bangko Sentral ng Pilipinas to explain why the 1000 and 100 peso bills looked so much …
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 …