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Through QR Ph, users can conduct various transactions, including payments, fund transfers, and receipts from bank and e-money accounts within the Philippines. The implementation of QR Ph has been officially endorsed by Philippine Payments Management, Inc., following guidelines set forth in Circular 1055 by the Bangko Sentral ng Pilipinas (BSP).
' Central Bank of the Philippines '; commonly abbreviated as BSP in both Filipino and English) is the central bank of the Philippines. It was established on January 3, 1949, and then re-established on July 3, 1993 pursuant to the provision of Republic Act 7653 or the New Central Bank Act of 1993 [ 2 ] as amended by Republic Act 11211 or the New ...
BSP conducted public offerings in 1980 and 1981, with the result that local citizens came to hold 13% of the bank's shares. Later, the government decided to acquire control of BSP. In 1993, National Investment Holdings Limited (NIHL) first acquired NAB's 87% shareholding, and then the 13% of the shares in the hands of the public, giving it 100% ...
In accordance with Republic Act No. 265, [9] The Bangko Sentral ng Pilipinas or BSP is the central monetary authority of the Republic of the Philippines. It provides policy directions in the areas of money, banking and credit and exists to supervise operations of banks and exercises regulatory powers over non-bank financial institutions .
Nestor Aldave Espenilla Jr. (12 October 1958 – 23 February 2019) was a Filipino banker who served as the fourth governor of the Bangko Sentral ng Pilipinas (BSP) from 2017 until his death in 2019. He began working for the BSP in 1981 and was a deputy governor under his predecessor Amando Tetangco Jr. [ 1 ] [ 2 ]
On December 7, 2022, the 2020 BSP logo is now used on 20, 50, 100, 500, and 1,000-peso (non-polymer version) bills which replaced the 2010 logo that has been in use since the series' release to the public on December 16, 2010, upon the release of banknotes bearing the signatures of President Bongbong Marcos and BSP Governor Felipe Medalla. [20]
The Order defines "information" to include any records, documents, papers, reports, letters, contracts, minutes and transcripts of official meetings, maps, books, photographs, data, research materials, films, sound and video recording, magnetic or other tapes, electronic data, computer stored data, any other like or similar data or materials recorded, stored or archived in whatever format ...
A billing and settlement plan (BSP) (also known as "Bank Settlement Plan") business process is an electronic billing system designed to facilitate the flow of data and funds between travel agencies and airlines. The advantage of such an intermediary organization is that instead of each travel agency having an individual relationship with each ...