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BSP drafts new rules for real time payment system

The Bangko Sentral ng Pilipinas (BSP) is proposing new rules that will govern the operation of its peso real time gross settlement payment system (RTGS PS) to ensure a trouble-free flow of funds.
The RTGS, as defined by the BSP, is a system that provides real time settlement of payments, transfer i ....

Bangko Sentral , National Payment Systems Act , Office Of The Governor , Republic Act , Monetary Board , Settlement System , System Oversight Framework ,