PESONet clearing batch now 2x a day | Bianca Cuaresma : vima

PESONet clearing batch now 2x a day | Bianca Cuaresma

THE Bangko Sentral ng Pilipinas (BSP) and the Philippine Payments Management Inc. launched the Multiple Batch Settlement (MBS) facility of the PESONet electronic fund transfer service on Monday. The MBS—which went live this morning, according to the BSP—effectively increases PESONet’s daily batch settlement to two cycles in a banking day…

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