Reminders about Bank Checks

Effective January 20, 2017, the Monetary Board will be implementing the Check Image Clearing System.  This is a step towards a 1 day clearing system of other bank’s checks. Checks will be electronically remitted instead of transmitting them physically which takes 3 days to clear. Since we need the best image possible, BSP came upContinue reading “Reminders about Bank Checks”

Public Service: Money Money Money

It’s almost the end of the year and I want to remind you guys that the old bank notes will not be accepted for daily transactions come January 1, 2016. How it looks ↓ Photo grabbed from http://www.gov.ph If you have kept some notes like these in your baul (treasure chest), better take them outContinue reading “Public Service: Money Money Money”