08 May 2013 The Rural Bankers Association of the Philippines (RBAP) is waiting for ‘official final orders’ from the Bangko Sentral ng Pilipinas (BSP) before implementing the recently issued resolution of the Commission on Elections (Comelec), limiting cash withdrawal transaction to P100,000. “We will respect and follow the decision of the BSP as a regulating …
For your guidance, below is the official statement of the Bangko Sentral ng Pilipinas on Comelec Resolution No. 9688, which orders a ban on cash withdrawals exceeding P100,000 from May 8 to 13, 2013 BSP’s Statement on Comelec Resolution 9688 05.08.2013 The Bangko Sentral ng Pilipinas supports the COMELEC’s goal to ensure clean and honest …
BSP Statement on Comelec Resolution No. 9688 – Money Ban Read More »
The mission of the Rural Bankers Association is to support the ability of its members to offer quality banking services to all their constituencies, comply with regulatory requirements, and to promote the welfare of the communities in which they operate.
