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BSP waiving PhilPaSS fees until end-2021


Published December 21, 2020, 5:40 PM
The central bank said there will be no fees for users of its Philippine Payment and Settlement System (PhilPaSS) until end 2021 as part of temporary relief measures to banks during the pandemic.
This is the fourth time that the Bangko Sentral ng Pilipinas (BSP) has extended its PhilPaSS fee suspension since April when major areas in the Philippines were under lockdown. Fund transfer transactions are made through the PhilPaSS, a real time gross settlement system owned by the BSP for the processing and settlement of interbank high value payment transactions through the demand deposit accounts maintained with the BSP. ....

Bangko Sentral , Philippine Clearing House Corp , Philippine Payment , Settlement System , Governor Maria Almasara Cyd , Philippine Clearing House , பிலிப்பைன் அழித்தல் வீடு கார்ப் , பிலிப்பைன் கட்டணம் , தீர்வு அமைப்பு , பிலிப்பைன் அழித்தல் வீடு ,