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BSP to deploy coin deposit machines



THE Bangko Sentral ng Pilipinas (BSP) is preparing to install the first batch of 25 coin deposit machines (CoDMs) in several locations throughout the Greater Manila Area and neighboring provinces.

For that purpose, the BSP has signed a memorandum of agreement (MoA) with SM, Robinsons and Filinvest firms for the deployment of the CoDMs to advance digitalization and financial inclusion in the country.