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  • Bangko NG: Sentral

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    Kwinnie Dawn Caballero
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    This circular from the Bangko Sentral ng Pilipinas sets the legal tender limit for Philippine coin denominations in single transactions. The limits are PHP 200 for the 0.01, 0.05, 0.10, and 0.25 coin denominations and PHP 2,000 for the 1.00, 5.00, 10.00, and 20.00 coin denominations. However, transactions above these coin limits are allowed if both parties agree to it prior to the transaction. This circular takes effect 15 days after publication in the Official Gazette or a newspaper of general circulation and supersedes BSP Circular No. 537 Series of 2006.

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    This circular from the Bangko Sentral ng Pilipinas sets the legal tender limit for Philippine coin denominations in single transactions. The limits are PHP 200 for the 0.01, 0.05, 0.10, and 0.25 coin denominations and PHP 2,000 for the 1.00, 5.00, 10.00, and 20.00 coin denominations. However, transactions above these coin limits are allowed if both parties agree to it prior to the transaction. This circular takes effect 15 days after publication in the Official Gazette or a newspaper of general circulation and supersedes BSP Circular No. 537 Series of 2006.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
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    8 views1 page

    Bangko NG: Sentral

    Uploaded by

    Kwinnie Dawn Caballero
    This circular from the Bangko Sentral ng Pilipinas sets the legal tender limit for Philippine coin denominations in single transactions. The limits are PHP 200 for the 0.01, 0.05, 0.10, and 0.25 coin denominations and PHP 2,000 for the 1.00, 5.00, 10.00, and 20.00 coin denominations. However, transactions above these coin limits are allowed if both parties agree to it prior to the transaction. This circular takes effect 15 days after publication in the Official Gazette or a newspaper of general circulation and supersedes BSP Circular No. 537 Series of 2006.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Flag for inappropriate content
    of 1

    BANGKO SENTRAL NG PILIPINAS

    OFFICE OF THE GOVERNOR

    CIRCUIAR NO.
    Series of 2022

    Subjecu Legal Tender Limit of trhilippine Coins for Single Transaction

    Pu rsu nt to Section 52 of Repu bl ic Act (" R.A.") No. 7653 (otherwise known
    a
    as, "The New Central Bank Act"), as amended by R.A" No.ll2ll, the legal tender
    limit for coins is set, as follows.

    Coln Dcnominltlon Limit lin PhP)


    o.ot 200
    o.05 200
    o.10 2o0
    o.25 200
    t.oo 2,OOO
    5.OO 2,OOO
    to.oo 2,OOO
    20.oo 2,OOO

    The legal tender limit for single transaction of coins does not preclude
    transactions above the stated coin limit so long as both parties have prior and
    mutual agreement.

    This Circular shall take eftect after fifteen ('15) days following its publication
    in the OfficialCazette or in a newspaper of generalcirculation, and supersedes
    BSP Circular No.537. Series of 2006.

    FOR THE MONETARY


    BOARD:

    EDUARDO QaOeten
    {-a|>
    Officer-in-Charge
    (Per Office Order Na.E72 Series ol 20221

    ot f2,q&,^zozz

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