MANILA (Reuters) - The Philippine central bank has tightened the noose on large cash withdrawals, ordering banks to conduct "enhanced due diligence" for transactions exceeding 500,000 pesos ($8,748.75 ...
THE BANGKO SENTRAL ng Pilipinas (BSP) has doubled the daily ceiling for cash withdrawals required to undergo enhanced due diligence (EDD) to P1 million as it found that a large volume of legitimate ...
Two in three so-called easy-access accounts delay savers' access to their funds, new research reveals.
Bangko Sentral ng Pilipinas has released information to help depositors understand better its regulations about cash ...