2026-05-07
Bangko Sentral ng Pilipinas issued Memorandum No. M-2026-019 to notify authorized agent banks and subsidiary foreign exchange corporations that specific Banko Sentral Registration Documents (BSRDs) have been cancelled and replaced. These documents, originally issued between April 2020 and December 2022 for non-resident investments, are no longer valid for capital repatriation or earnings remittance due to changes in the underlying investments. Financial institutions are instructed to disregard these cancelled BSRDs when processing foreign exchange transactions pursuant to Section 38 of the FX Manual.
BANGKO SENTRAL NG PILIPINAS MEMORANDUM No. M-2026-o19 OFFICE OF THE DEPUTY GOVERNOR MONETARY AND ECONOMICS SECrOR All Authorized Agent Banks IAABs} and Subsidiary/Affiliate Foreign EXchange Corporations of AABS IAAB-forex corpsj Cancelled and Replaced Bangko Registration DocumentslBSRDsj Please be advised that the following link: Subject has been updated as of the fourth quarter of 2025 The above link was provided under Memorandum No. M-2023. 016 dated 26 April2023 covering the list of original BSRDs tissuecl in hardcopy) and provisional BSRDs (issued in electronic copy) pertaining to registration of investments of non. residents in resident investee-firms, which were cancelled and replaced from April2020 to December 2022 due to changes/transfers. etc. in these investments pursuant to the provisions of the Manual of Regulations on Foreign EXchange Transactions (FX Manual), as amended. These previously issued BSRDs have been cancelled/replaced and should riot be honored if presented for purchase of foreign eXchange for capital repatriation or remittance of earnings, pursuant to Section 38 of the FX Manual ^ Sentral For information and compliance. 07 A, IQ 2026 ZENO R BENO, A De u Governor ,.,.,,!, 11" "\