BSP Reminds Filipinos to Regularly Check Paper Bills From ATMs The Bangko Sentral ng Pilipinas (BSP) has reminded the Filipinos to regularly check the paper bills from ATMs. The central bank reminded the public to always check the bank notes dispensed by automated teller machines (ATMs) from banks. The agency told the Filipinos to “feel, … Read more
BSP Warns Filipino People Against Fake P1000 Bills Circulating in the Country The Bangko Sentral ng Pilipinas (BSP) has warned the public against fake P1000 bills, which currently circulates in the country. On Thursday (September 9, 2021), BSP advised the Filipino people to carefully check their banknotes after receiving reports regarding the circulation of counterfeit paper … Read more
Banks Should Still Accept Doubtful or Damaged Paper Bills and Coins, Bangko Sentral ng Pilipinas Says The Bangko Sentral ng Pilipinas (BSP) has reminded various banks in the country to accept damaged paper bills and coins. On Wednesday (August 11, 2021), the agency released an advisory citing BSP Circular No. 829 instructing banks to forward damaged … Read more
Signs and differences between real and fake money you must always remember. FAKE MONEY – In any situation, there are tips and ways you must always remember as to how to spot a fake money from the real ones. Bangko Sentral ng Pilipinas just introduced this year a new look and feel with the upgraded … Read more
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