The Bangko Sentral ng Pilipinas is inviting the public to join the BSP
Piso Caravan at Robinsons Place Bacolod 10 a.m. to 5 p.m. on Friday and Saturday, July 7 and 8, to exchange their coins and unfit banknotes with new ones.
The public can also conveniently open digital wallets, online bank accounts and/or basic deposit accounts with participating financial service providers, the BSP announced Wednesday, July 5.
The activity aims to promote recirculation of coins by flushing out idle coins from storage and strengthen the effective implementation of the BSP Clean Note and Coin Policy, and Coin Recirculation Program, Maria Jocelyn Ladero, BSP deputy director, said.
Those who wish to open accounts should bring valid identification, she said.*