The Bangko Sentral ng Pilipinas (BSP) is proposing new rules that will govern the operation of its peso real time gross settlement payment system (RTGS PS) to ensure a trouble-free flow of funds. The RTGS, as defined by the BSP, is a system that provides real time settlement of payments, transfer i
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Designated payment systems to adopt PFMI — BSP – Manila Bulletin mb.com.ph - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from mb.com.ph Daily Mail and Mail on Sunday newspapers.
The Bangko Sentral ng Pilipinas (BSP) has identified the Philippine Peso Real-Time Gross Settlement (PhP-RTGS) payment system, which it owns and operates, as a systemically important payment system (SIPS). This means the PhP-RTGS as SIPS is a payment system “which poses or has the potential to pose