BSP shifts all FX documents in digital form

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BSP shifts all FX documents in digital form
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After permanently converting all foreign exchange (FX) related documents in digital or electronic form, the Bangko Sentral ng Pilipinas (BSP) said in two memos that it will no longer issue original hardcopies as well for verification. ManilaBulletin

After permanently converting all foreign exchange related documents in digital or electronic form, the Bangko Sentral ng Pilipinas said in two memos that it will no longer issue original hardcopies as well for verification.

Meanwhile, in a separate memo , Dakila said existing BSRDs issued in original hardcopies by registering AABs will be converted to its electronic or digital format. To be adopted as permanent policy are the majority of the operational relief measures for FX transactions under Circular No. 1080 which was first issued on March 27, 2020, and other related Circular Letters.

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