MANILA, Philippines — The Bangko Sentral ng Pilipinas (BSP) has installed two more coin deposit machines (CoDMs) around the Greater Manila Area to better assist individuals exchange their loose ...

THE BANGKO SENTRAL ng Pilipinas (BSP) has launched coin deposit machines (CoDMs) in retail establishments across the greater Manila area to help improve the circulation of the currency. The central ...

The coin deposit machines support the BSP's Coin Recirculation Program to put idle coins back in circulation to serve the currency needs of the country.

MANILA, Philippines — Transactions via the coin deposit machines deployed by the Bangko Sentral ng Pilipinas (BSP) surged to nearly P900 million as more Filipinos use these machines to ...

THE BANGKO SENTRAL ng Pilipinas (BSP) has collected coins worth P12 million through its coin deposit machines (CoDMs) a month after their rollout in select retail establishments in Manila. BSP Deputy ...

COIN deposit machines (CoDMs) deployed by the Bangko Sentral ng Pilipinas (BSP) have collected P1.308 billion as of February 15, and the central bank targets doubling the number of machines by the ...

The coins collected from the machines will be returned into circulation when the partner retailers use them as change for over-the-counter payments, while unfit coins will be removed from circulation ...

MAYA Digital Bank joins the Bangko Sentral ng Pilipinas (BSP) in encouraging more Filipinos to convert their coins to e-wallet credits through the country's coin recirculation program. Demonstrating ...

MANILA, Philippines — Introducing the automated coin deposit machine (CoDMs), the latest of the government’s stratagems to promote the re-circulation of coins and persuade Filipinos to use the ...

MANILA, Philippines - The central bank on Tuesday said it would not allow banks to increase transaction charges for automated teller machines to exorbitant levels, and stressed that all ...

However, the BSP plans to install 25 additional coin deposit machines early next year in major cities such as Cebu, Davao, Naga, Pampanga and Baguio.