Bangko Sentral Denied Fake News Claiming P20 Bill is Only Valid Until End of 2021 The Bangko Sentral ng Pilipinas (BSP) has clarified the fake news spreading online that the P20 paper bill will be only valid until the end of 2021. The Bank of the Philippines (BSP) has informed the public that 20-Piso New … Read more
The Philippines is Expected to Be a Coinless Society by 2025 Says BSP Bangko Sentral ng Pilipinas (BSP) says that the Philippines will not be using money on hand anymore and expected be a “coinless society” by 2025. Nowadays, cashless transactions are urged to be used amid the COVID-19 pandemic. Although the Philippines is far … Read more
The country’s monetary agency, Bangko Sentral ng Pilipinas announced on Monday, that they will start withdrawing old bank notes from circulation starting January 1, 2015 until December 31, 2015. The demonetization process of the old bank notes was revealed to the media by BSP Deputy Governor Diwa C. Gunigundo. Watch the Video Report from GMA … Read more