Coin deposit machines gain traction, reaching over P18.8M deposits since launch in June
The Bangko Sentral ng Pilipinas (BSP)’s Coin Deposit Machines (CoDMs) have started to gain traction, with a number of Filipinos heeding the central bank’s call to address the artificial coin shortage in certain areas of the country by depositing their idle coins in these machines. As of July 31, 2023, the BSP reported that the […]