The Bangko Sentral ng Pilipinas (BSP) has reminded the public that reproducing Philippine banknotes without prior authorization is prohibited by law, following the spread of social media posts falsely claiming that photocopied peso bills can be used to pay for goods and services.
Tag: Bangko Sentral ng Pilipinas
BSP closes down Cooperative Bank of Bohol
The Bangko Sentral ng Pilipinas (BSP) has shut down the Cooperative Bank of Bohol
GCash, BSP, DILG join hands to launch PalengQR-PH in Bohol
Leading mobile wallet GCash has partnered with the Bangko Sentral ng Pilipinas (BSP), Department of the Interior and Local Government (DILG), and the local government of Tagbilaran City for the rollout of the Paleng-QR Ph program in the Bohol capital.
Tagbilaran City first to adopt Paleng-QR Ph in Visayas
The Bangko Sentral ng Pilipinas (BSP) rolled out the first Paleng-QR Ph in Tagbilaran City on Tuesday, Jan. 10, to promote financial inclusion and digitalization across the country.
BSP closes Opportunity Kauswagan Bank
The Monetary Board (MB) of the Bangko Sentral ng Pilipinas (BSP) prohibited Opportunity Kauswagan Bank, Inc. from doing business in the Philippines through MB Resolution No. 1635.B dated December 2, 2021, which also directed the Philippine Deposit Insurance Corporation (PDIC), as Receiver, to proceed with the takeover and liquidation of the bank.
P20 banknote remains legal tender –BSP
The P20 banknote is still legal tender and can be used alongside the P20 coin for transactions, Bangko Sentral ng Pilipinas (BSP) said Tuesday.
BSP launches P5,000 Lapu-Lapu bill, coin
The Bangko Sentral ng Pilipinas (BSP) and the National Quincentennial Committee (NQC) launched on Monday the P5,000 Lapu-Lapu Commemorative Banknote and Medal to kick off the 99-day countdown to the 500th anniversary of the “Victory at Mactan.”