The Bangko Sentral ng Pilipinas reminded the public that old money bills can only be used until December 2015 only. By January 2106, said old money bills can no longer be used for transactions in stores but can still be used in banks. By 2017, said bills will no longer have monetary value. (Eagle News Service Described by Jay Paul Carlos, Video Editing by Dexter Magno, Uploaded by MRFaith Bonalos)
Tag: Bangko Sentral ng Pilipinas
Central bank steps up campaign against fraud, scams
The Bangko Sentral ng Pilipinas (BSP), in partnership with the provincial government of Pangasinan, conducted a public information campaign on Monday at the Sison Auditorium here to raise awareness among financial consumers on scams and fraud. Ma. Lourdes Manaois, research specialist of BSP Dagupan Branch, said the campaign attended by barangay officials from all the municipalities in fifth and sixth districts of Pangasinan aims to increase public consciousness on how to identify, detect and avoid […]
Kids should be taught value of money
(PIA6) – – Bangko Sentral ng Pilipinas Director for Financial Consumer Protection Department lawyer Prudence Angelita A. Kasala said financial awareness, like the concept and value of money, should be instilled during the formative years as this becomes the basis of lifelong habits. This interactive exhibit which will run until September 25 at the Grand Ballroom of Circle Inn Hotel and Suites in Bacolod City will teach children the concept and value of money, determine […]
Mga lumang pera ipinadedeposito ng BSP sa bangko
AGOSTO 3 (Agila Probinsya) — Nanawagan ang Bangko Sentral ng Pilipinas (BSP) ng Naga Branch sa mga mamamayan at mga negosyante na makipagtulungan sa kanilang kampanya na mai-deposito na sa mga bangko ang mga lumang pera o yung tinatawag na news design series (NDS). Ang NDS ay maaari lamang gamiting pambili o pambayad hanggang Disyembre 31, 2015. Sa pagpasok umano ng taong 2016 ay hindi na papayagang gamitin at pwede na lamang palitan sa mga […]
BSP nagpaalala na wala ng bisa ang lumang pera sa 2016
Inanunsyo ng Bangko Sentral ng Pilipinas (BSP) kamakailan lamang, na hanggang Disyembre na lamang ngayong taon puwedeng gamitin ang mga lumang perang papel. Ayon Kay Rodora Teresa Ramoso, BSP Cabanatuan Branch Research Specialist, bawal nang gamitin ang mga lumang perang papel sa Enero 2016, pero paglilinaw niya pwede pa itong ipapalit sa mga bangko o sa BSP. Tinukoy din niya ang pagkakaiba ng new design series (NDS) sa new generation currency (NGC), na mas malapad […]
BSP warns the public against “Phishing Scams”
MANILA, June 9 — The Bangko Sentral ng Pilipinas (BSP) issued an Advisory to the Public pertaining to Phishing Scams. Phishing is a form of identity theft whereby someone steals or uses personal or sensitive information of another person without his/her knowledge or permission, through hacking into one’s personal account, hijacking one’s data and taking over one’s online identity, to commit fraudulent acts/crimes, or conduct unauthorized business. Once the scammers have your information, it becomes possible […]
Old banknotes till December 2015 only
MANILA, Philippines, May 22 (Eagle News) — The Bangko Sentral ng Pilipinas reminded the public that old banknotes issued in 1985 can only be used up to December 31, 2015. After said date, remaining old banknotes can be exchanged in banks from January 1, 2016 to December 31, 2016. (Eagle News Service Jay Paul Carlos, Jericho Morales, MRFaith Bonalos)
Consumer group warns against coin shortage
MANILA, Philippines (Eagle News) — The Union of Filipino Consumers and Commuters warns against possible coin shortage as the Bangko Sentral ng Pilipinas announced that it will procure new coins using multiply technology. According to the group’s research, coins made using the multiply technology have durability issues. (Eagle News Service Jay Paul Carlos, Jericho Morales, MRFaith Bonalos)
BSP extends LYD-CEF for repatriated OFWs
MANILA, PIA – The Bangko Sentral ng Pilipinas (BSP) has approved the reopening of the Libyan Dinar Currency Exchange Facility (LYD-CEF) for overseas Filipino workers (OFWs) repatriated from Libya for another six months, or until July 29, 2015. The approval came shortly after Labor Secretary Erlinda Baldoz sent a letter to Amando M. Tetangco, BSP Governor, requesting for the extension of the LYD-CEF, thus, giving life to BSP Circular 867, dated January 14, 2015, allowing […]
Banks adjust lending rates
Banks start to adjust lending rates due to the higher key policy rates passed by the Bangko Sentral ng Pilipinas.
BSP cash withdrawal service available tomorrow despite holiday
The Bangko Sentral ng Pilipinas declared that their cash withdrawal service will be operational tomorrow despite the holiday.
Inflation accelerates; BSP, ready to adjust key rates
The Bangko Sentral ng Pilipinas said that it is ready to adjust policy if price pressures continue to mount and put its inflation targets at risk.





