PhilPass operating hours shortened; no forex, Gov’t securities transactions

THE Bangko Sentral ng Pilipinas (BSP) announced Tuesday, March 17, 2020 that operating hours of PhilPaSS are from 9 a.m. to 3 p.m. to settle all retail transactions that include transactions via ATMs, automated clearing houses (PesoNet and InstaPay), checks and urgent fund transfers requested by banks for corporates, as well as trading with the BSP Financial Market Operations Sub Sector, if any.

Per the Bankers Association of the Philippines, there will be no transactions for Peso/US dollar trades and government securities. (PR)

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