Posts Tagged Bangko Sentral ng Pilipinas

BSP warns public against sale of ‘brilliant uncirculated’ P20 coins

Marje Pelayo   •   October 7, 2020

MANILA, Philippines — The Bangko Sentral ng Pilipinas (BSP) on Wednesday (October 7) warned the public against online sellers advertising Brilliant Uncirculated 20-Piso coins for sale. In an advisory, the...

LIST: Banks extend waiver of PESONet, InstaPay fees to Dec. 31

Marje Pelayo   •   October 1, 2020

MANILA, Philippines — A number of banks on Wednesday (September 30) announced that they will extend the waiver of fees for PESONet and InstaPay transactions to December 31. Bangko Sentral...

BSP issues guidelines for 60-day grace period for loan payments under Bayanihan 2

Aileen Cerrudo   •   September 30, 2020

Banks cannot charge late payment penalties and other fees due to the mandatory 60-day grace period under the Bayanihan to Recover as One Act, according to the Bangko Sentral ng...

BSP consumer chatbot now on live run to address complaints vs financial institutions

Aileen Cerrudo   •   August 20, 2020

The Bangko Sentral ng Pilipinas (BSP) has fully deployed its consumer chatbox which aims to address complaints against BSP-Supervised Financial Institutions (BSFIs). The chatbot called the BSPS Online Buddy (BOB)...

Washing, soaking money to disinfect violates the law, BSP warns

Marje Pelayo   •   August 19, 2020

MANILA, Philippines —The Bangko Sentral ng Pilipinas (BSP) advises the public to refrain from soaking banknotes in detergent soap, bleach solution and other chemicals. “Iwasang ibabad o wisikan ang salaping...

OFW remittances recover in June after three-month decline —BSP

Marje Pelayo   •   August 18, 2020

MANILA, Philippines – Personal remittances from overseas Filipinos (OFs) bounced back in June after three consecutive months of decline, the Bangko Sentral ng Pilipinas (BSP) announced Monday (August 17). According...

BSP tells consumers: Practice ‘cyber hygiene’ in digital transactions

Robie de Guzman   •   August 6, 2020

MANILA, Philippines – The Bangko Sentral ng Pilipinas (BSP) advised financial consumers to practice cyber hygiene when making online transactions. The BSP said cyber hygiene refers to practices and steps...

BSP launches ‘more inclusive, secure’ banknotes

Robie de Guzman   •   July 29, 2020

The Bangko Sentral ng Pilipinas (BSP) on Wednesday said it has launched enhanced banknotes to incorporate inclusivity and additional security features. In a statement, the central bank said the improved...

BSP eases ID requirements for select bank transactions amid ECQ

Robie de Guzman   •   April 1, 2020

MANILA, Philippines – The Bangko Sentral ng Pilipinas (BSP) on Wednesday said it has relaxed the requirement for the presentation of a valid identification document (ID) for customer boarding and...

BSP urges public: ‘Keep calm, use digital banking’ amid COVID-19 threat

Robie de Guzman   •   March 15, 2020

MANILA, Philippines – The Bangko Sentral ng Pilipinas (BSP) on Saturday urged the public to use e-banking and digital payment services amid the threat of novel coronavirus disease (COVID-19) in...

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