BSP: No shortage of banknotes during christmas season
BSP: No shortage of banknotes during christmas season
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BSP: No shortage of banknotes during christmas season
The Bangko Sentral ng Pilipinas (BSP) is assuring the public of sufficient supply of banknotes to meet the increased demand for currency during the holiday season. BSP Governor Benjamin E. Diokno “There will be no shortage of new banknotes in the Yule season,” said BSP Governor Benjamin E. Diokn
Ninongs and ninangs need not worry this Christmas, as the Bangko Sentral ng Pilipinas (BSP) assured the public that there will be enough fresh banknotes for the holidays this year. Over the weekend, the BSP issued a statement saying there will be an adequate supply of fresh banknotes and coins…
Published May 3, 2021, 4:30 PM The Bangko Sentral ng Pilipinas (BSP) is waiving the service fees it apply to new and fit 200-piso banknotes to encourage banks and its clients to use it more. “We’re incentivizing the use of 200-piso since we have a huge inventory,” said BSP Governor Benjamin E. Diokno on Monday. Based on a new memo, until further notice the BSP’s cash department will not charge banks the service fees on the 200-piso for deposit and withdrawal transactions. The BSP currently apply a service of P40 and P28, respectively, for new and fit 200-piso banknotes. The 200-piso o...