BSP Memoranda BSP Memoranda No. M07081992BSP Memoranda No. M07081992 1992-07-08T00:00:00.000+08:00

Banks shall ship directly to their correspondent banks their foreign currency notes for credit to their accounts abroad

CBP MEMORANDUM Series of 1992

TO: Authorized Agent Banks

Effective August 8, 1992, banks shall ship directly to their correspondent banks their foreign currency notes for credit to their accounts abroad without coursing the foreign currency notes through the Central Bank Cash Department and/or its extension units in the regions under the so-called swap arrangement.

EDGARDO P. ZIALCITA Deputy Governor

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