BSP Circulars BSP Circular No. 954BSP Circular No. 954 2017-03-30T00:00:00.000+08:00

Amendment of BSP Circular No. 935, dated 28 December 2016 - Extension of the deadline for the exchange or replacement of NDS banknotes with the Bangko Sentral ng Pilipinas and its authorized agent banks and financial institutions at par with New Generati

EIANGKo SeNrnaL NG PIUIeINAS OFFICE OF THE GOVERNOR CIRCULAR NO. 954 Series of 2OL7 SUBJECT: Amendment of BSP Circular No. 935, dated 28 December 2OL6 - Extension of the deadline for the exchange or replacement of New Design Series (NDS) banknotes with the Bangko Sentral ng Pilipinas and its authorized agent banks and financial institutions at par with New Generation Currency banknotes and without charge, from 31 March 2Ot7 to 30 June 2017 The Monetary Board, in its Resolution No. 442 dated 16 March 20L7, decided to extend the deadline for the exchange or replacement of New Design Series (NDS) banknotes with the Bangko Sentral ng Pilipinas and its authorized agent banks and financial institutions at par with New Generation Currency banknotes and without charge, from 31 March 2OL7 to 30 June 2OL7. This recent decision of the Monetary Board amends BSP Circular No. 935 dated 28 December 2016. This Circular shall be effective immediately. FOR THE MONETARY BOARD: AMANDOAI. TETAIGCO, JR. overnor fu March zott

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