Beware of ‘Brilliant Uncirculated’ 20-Piso Coin Sold Online, BSP Warns BSP – The Bangko Sentral ng Pilipinas (BSP) reminds the public to beware of online sellers advertising ‘brilliant uncirculated’ P20 coins for sale. The BSP has the exclusive power and authority to release notes and coins for circulation in the country. They recently issued enhanced … Read more
PHOTO: Bangko Sentral Ng Pilipinas Enhances Philippine Banknotes BANGKO SENTRAL NG PILIPINAS – The Bangko Sentral ng Pilipinas recently showed an enhanced version of Philippine banknotes. According to Rappler, the enhanced banknotes are said to be responsive to the needs of the elderly and the visually impaired. It also features the latest anti-counterfeiting technology. The … Read more
Customs Agents Seizes P1.4 Million Cash From Malaysian Passenger At NAIA CUSTOMS AGENTS – NAIA Terminal 3 Customs agents intercepted P1.4 million cash from a passenger. The Banko Sentral ng Pilipinas (BSP) only allows an individual (either Filipino or foreign) to bring in or take out Philippine money up to P50,000. Any amount exceeding to … Read more
BSP To Sell 10,000 Peso & 500 Peso Coins In Celebration of 70 Years Of Central Banking BSP TO SELL 10,000 PESO COINS – The Bangko Sentral ng Pilipinas will be releasing special P10,000 and P500 commemorative coins in celebration of their 70th anniversary of central banking. The BSP had been issuing commemorative Philippine Peso … Read more
BSP Unveils New Design of P5 & P20 Coins New Generation Currency Coin – The Bangko Sentral ng Pilipinas finally unveils the new design of P5 coin and the coin version of P20. Nowadays, coins are very important when it comes to the circulation of money in the Philippine economy. Most Filipino workers such as jeepney … Read more
BSP Announces ATM Services To Increase by P3 Per Transaction The ATM services are set to increase at least P3.00 per transaction to recover their operating costs, according to BSP. The Bangko Sentral ng Pilipinas (BSP) has already allowed several banks to raise ATM fees but they need to comply with particular conditions. The hike … Read more
BSP To Release P20 Coin Version The Bangko Sentral ng Pilipinas is now planning to create a coin version of P20 and might be released around the last quarter of the year 2019. BSP Senior Assistant Governor Dahlia D. Luna announced that they are now finalizing the design of the P20 coin. The idea of … Read more
BSP Executives Still Highest Paid Government Officials According to COA The Commission on Audit (COA) revealed that the executives of the Bangko Sentral ng Pilipinas (BSP) are still the highest paid government officials. BSP executives dominated the list of highest paid government officials based on COA’s Report on Salaries and Allowances (ROSA). The late BSP governor … Read more
Passport Printing Company Says That There Is No Data Breach And The DFA Has All Passport Info DFA – In defense, a passport printing company official said that there was no data breach since the DFA has all the detailed info of passport applicants. APO Production Unit Inc., a government printing company, was allegedly involved … Read more
P21-B Bank Exposure of Hanjin Philippines is Very Insignificant, BSP Says The Bangko Sentral ng Pilipinas (BSP) said that the P21 billion bank exposure of Hanjin Philippines is very insignificant. The debt default of Hanjin Heavy Industries and Construction Philippines (HHIC) spawn fears of possible banking crisis. Hanjin Philippines is the top employer and the … Read more