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The total value of financial transactions that passed through the Philippine Payments and Settlements System (PhilPaSS) jumped by 17.9 percent in the first nine months of last year as more Filipinos abroad course their remittances through the central bank’s payments facility.
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                    [AuthorName] => Lawrence Agcaoili
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                    [Title] => Banks urged to course remittances via Philpass
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The Bangko Sentral ng Pilipinas (BSP) is urging other banks and financial institutions to course the remittances of overseas Filipino workers (OFWs) through the central bank’s electronic payment and settlement system so that beneficiaries of Filipinos working abroad could enjoy lower fees.
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                    [Title] => BSP waives bank fees on OFW remittances
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The Bangko Sentral ng Pilipinas (BSP) has agreed to waive the fees imposed on banks that use the Philippine Payments and Settlements System (Philpass) remit system as part of efforts to reduce the cost of sending money by overseas Filipino workers (OFWs).
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                    [Title] => BOP surplus up 27.5% to $2.73 billion in 5 months
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The country posted a balance of payments surplus (BOP) of $388 million in May, bringing the total for the first five months to $2.733 billion, up 27.5 percent from the $2.143-billion surplus recorded in the same period last year.
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                    [Title] => OFWs, beneficiaries to enjoy lower remittance fees starting 3rd quarter
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Overseas Filipino workers (OFWs) and their beneficiaries are expected to enjoy lower remittance fees starting the third quarter of the year once the Philippine Payments and Settlements System (Philpass) Remit System becomes fully operational, the Bangko Sentral ng Pilipinas (BSP) announced yesterday.
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PHILPASS REMIT SYSTEM

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                    [Title] => BSP PhilPaSS transactions up 18%
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The total value of financial transactions that passed through the Philippine Payments and Settlements System (PhilPaSS) jumped by 17.9 percent in the first nine months of last year as more Filipinos abroad course their remittances through the central bank’s payments facility.
                    [DatePublished] => 2011-01-10 00:00:00
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                    [Title] => Banks urged to course remittances via Philpass
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The Bangko Sentral ng Pilipinas (BSP) is urging other banks and financial institutions to course the remittances of overseas Filipino workers (OFWs) through the central bank’s electronic payment and settlement system so that beneficiaries of Filipinos working abroad could enjoy lower fees.
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                    [Title] => BSP waives bank fees on OFW remittances
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The Bangko Sentral ng Pilipinas (BSP) has agreed to waive the fees imposed on banks that use the Philippine Payments and Settlements System (Philpass) remit system as part of efforts to reduce the cost of sending money by overseas Filipino workers (OFWs).
                    [DatePublished] => 2010-06-21 00:00:00
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                    [Title] => BOP surplus up 27.5% to $2.73 billion in 5 months
                    [Summary] => 
The country posted a balance of payments surplus (BOP) of $388 million in May, bringing the total for the first five months to $2.733 billion, up 27.5 percent from the $2.143-billion surplus recorded in the same period last year.
                    [DatePublished] => 2010-06-19 00:00:00
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                    [AuthorName] => Lawrence Agcaoili
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                    [ArticleID] => 577801
                    [Title] => OFWs, beneficiaries to enjoy lower remittance fees starting 3rd quarter
                    [Summary] => 
Overseas Filipino workers (OFWs) and their beneficiaries are expected to enjoy lower remittance fees starting the third quarter of the year once the Philippine Payments and Settlements System (Philpass) Remit System becomes fully operational, the Bangko Sentral ng Pilipinas (BSP) announced yesterday.
                    [DatePublished] => 2010-05-25 00:00:00
                    [ColumnID] => 133272
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abtest

BSP PhilPaSS transactions up 18%

By Lawrence Agcaoili | January 10, 2011 - 12:00am

The total value of financial transactions that passed through the Philippine Payments and Settlements System (PhilPaSS) jumped by 17.9 percent in the first nine months of last year as more Filipinos abroad course...

Business

Banks urged to course remittances via Philpass

By Lawrence Agcaoili | November 29, 2010 - 12:00am

The Bangko Sentral ng Pilipinas (BSP) is urging other banks and financial institutions to course the remittances of overseas Filipino workers (OFWs) through the central bank’s electronic payment and settlement...

Business

BSP waives bank fees on OFW remittances

By Lawrence Agcaoili | June 21, 2010 - 12:00am

The Bangko Sentral ng Pilipinas (BSP) has agreed to waive the fees imposed on banks that use the Philippine Payments and Settlements System (Philpass) remit system as part of efforts to reduce the cost of sending...

Business

BOP surplus up 27.5% to $2.73 billion in 5 months

By Lawrence Agcaoili | June 19, 2010 - 12:00am

The country posted a balance of payments surplus (BOP) of $388 million in May, bringing the total for the first five months to $2.733 billion, up 27.5 percent from the $2.143-billion surplus recorded in the same...

Business

OFWs, beneficiaries to enjoy lower remittance fees starting 3rd quarter

By Lawrence Agcaoili | May 25, 2010 - 12:00am

Overseas Filipino workers (OFWs) and their beneficiaries are expected to enjoy lower remittance fees starting the third quarter of the year once the Philippine Payments and Settlements System (Philpass) Remit System...

Business