Bangko Sentral ng Pilipinas (BSP) Governor Felipe M. Medalla said the new rules governing the peso-denominated real time gross settlement payment system (RTGS PS) for the country’s smooth flow of funds and transfers have a much safer infrastructure for all transactions.
Medalla on Thursday, Dec. 2
The Bangko Sentral ng Pilipinas (BSP) has approved the latest round of rules to the peso-denominated real time gross settlement system (RTGS PS) or the PhilPaSSplus, after it was designated as a systemically important payment system (SIPS).
The BSP updated and amended the RTGS PS rules since as SI