Philippine Central Bank’s new policy on Philippine currency

Philippine Central Bank’s new policy on Philippine currency

Following is a circular from the¬†Bankgo Sentral ng Pilipinas (BSP) Cir. No. 922, Series of 2016, dated 23 August 2016 entitled, “The Amendments of the Rules on Cross-Border Transfer of Local Currency”. The amount of legal tender Philippine currency that may be imported (brought in) or exported (brought out of) the Philippines physically or electronically […]