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Over 100 rural banks now folded into PhilPASSPlus, says Diokno

BANGKO Sentral ng Pilipinas (BSP) Governor Benjamin Diokno announced on Thursday that they have successfully onboarded more than a hundred rural banks into the country’s real-time gross settlement system as of end-February this year.  The governor said the number of rural banks participating in the new generation Philippine Payment and…

No PhilPaSSplus fees until end-2022 — BSP – Manila Bulletin

The Bangko Sentral ng Pilipinas (BSP) is extending the waiver of fees on fund transfers for users of its Philippine Payment and Settlement System Plus (PhilPaSSplus) until end December 2022. PhilPaSSplus fees were temporarily cancelled since April 2020 as part of BSP’s time-bound relief measures to

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