Bangko Sentral ng Pilipinas Introduces Coin Deposit Machines

Bangko Sentral ng Pilipinas (BSP) introduced Coin Deposit Machines to the public last June 20, 2023.  This is to encourage the public who stored their coins in piggy banks, jars, and other containers to deposit it in exchange of equivalent cash or vouchers. This will aid in efficient circulation of coins.

BSP partners with SM Retail, Inc., Robinsons Supermarket Corporation, and Filinvest Lifemalls Corporation. Two machines are already live in SM MOA and six more will put into selected malls.

CoDMs shall accept all denominations (i.e., 1-, 5-, 10-, and 25-Sentimo; and 1-, 5-, 10-, and 20-Piso) of the BSP Coin Series and the New Generation Currency Coin Series.

Here is the video on how to use  the Coin Deposit Machine.

Below is the map where you can see the Coin Deposit Machines

Let's be part in recirculation of coins. Visit the nearest one in your area.

More details in BSP

Post a Comment