Tips on How To Avoid Fake Money & Prevent Financial Hassles HOW TO AVOID FAKE MONEY – Here are some tips on how you can prevent receiving counterfeit money which may also come from friends and customers. Money is one of the things that circulate very fast in a nation. In fact, its circulation is … Read more
Guide on Responding to Having Received Fake Money Unconsciously FAKE MONEY – Here is a guide on what you can do if ever you unintentionally received counterfeit Philippine Peso bills. From time to time, the national government changes the design of the Philippine Peso bills. In fact, the recently-released P1,000 bill did not only undergo … Read more
BSP Increases Credit Card Interest Rate Cap per Month CREDIT CARD INTEREST RATE CAP – The Bangko Sentral ng Pilipinas (BSP) raised the monthly interest rate cap for credit cards. Most banks in the Philippines offer credit cards to their clients who have good records. New clients may also apply for a credit card but … Read more
BSP Guidelines on Banknotes Handling BSP – Bangko Sentral ng Pilipinas issued guidelines on the proper handling of paper and polymer banknotes. Every once in a while, Bangko Sentral ng Pilipinas leads the printing of banknotes in the country to make sure that there is enough for circulation. There are instances wherein printing of existing … Read more
Did Bangko Sentral Issue New “Bagong Lipunan” Coins? BANGKO SENTRAL – The BSP or the Central Bank of the Philippines reacted to claims on social media about the alleged “new Bagong Lipunan coins”. In the Philippines, the official body that is in-charge of the publishing and release of the banknotes and bills is Bangko Sentral … Read more
BSP Guidelines on P1000 Polymer Banknote Handling BSP – The Bangko Sentral ng Pilipinas or Central Bank of the Philippines has some warnings on the handling of the new P1000 polymer banknote. Among the things that are passed on several times in a day are banknotes and coins. Most of the circulation takes place in … Read more
Guide on Tonik Digital Bank Cash Loan Application Process TONIK DIGITAL BANK CASH LOAN – Here is a guide on how to apply for this loan offer of Tonik Digital Bank including the requirements. There are several different banks operating in the Philippines now. Some are banks that operate on physical structures while others are … Read more
Guide on Tonik Bank Cash Loan Qualifications for Application TONIK BANK CASH LOAN – Here is a guide on who are qualified to apply for the cash loan offer of the digital bank. Amid the COVID-19 pandemic, several applications for a license to operate as a digital bank were approved by Bangko Sentral ng Pilipinas … Read more
BSP Speaks on Philippine Peso-Dollar Exchange Rates Now PHILIPPINE PESO – Bangko Sentral ng Pilipinas (BSP) spoke on the weakening of the Philippine currency to dollar. The exchange rate of Peso and Dollar has reached at least P54.00 for every $1. It sparked concern among many Filipinos amid the overseas Filipino workers (OFWs) benefitting from … Read more
Bangko Sentral Tells Filipinos To Save Money in Banks, Loan Associations BANGKO SENTRAL – The Central Bank of the Philippines is urging the Filipinos to deposit their savings instead of saving money at home. A lot of people invest their money in businesses and investment products but they still take even just a small part … Read more