Coin deposit machine collections hit P889M

Aug 24, 2024 12:21 am

THE Philippine central bank has so far collected almost P888.7 million from coin deposit machines introduced last year to enhance money circulation.

The Bangko Sentral ng Pilipinas (BSP) reported on Friday that the number of coin deposit machine transactions reached 214,475 as of August 15 with 236 million coins having been deposited and exchanged for e-wallet credits or shopping vouchers.

FORUM Jonathan Choi Koon-shum, chairman of the Chinese General Chamber of Commerce Hong Kong, speaks during a Philippines-China Relations forum titled, ‘Exploring Opportunities with Guandong-Hong Kong-Macao Greater bay Area,’ held at Conrad Manila in Pasay City on Aug. 22, 2024. PHOTO BY J. GERARD SEGUIA

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