Regulatory Alerts2025-04-06
M-2025-012: Reminder on the Acceptance of All Formats of the National ID and Enhanced Use of National ID Authentication Services
The Bangko Sentral ng Pilipinas mandates all supervised financial institutions to accept the National ID in all recognized formats, including physical cards, paper forms, and digital versions, as valid primary proof of identity. Institutions are required to utilize the National ID Check and eVerify systems for authentication and must integrate these services into their branch operations to ensure consistent customer transactions. The directive further instructs financial entities to train personnel, update internal policies, and prioritize National ID acceptance alongside other government-issued IDs to enhance digital verification practices.
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