Framework for Basic Deposit Accounts

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CIRCULAR NO. 992: Framework for Basic Deposit Accounts

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Title Source: Supreme Court: Framework for Basic Deposit Accounts

Law: Circular No. 992

Decision Date: Feb 7, 2018

The Monetary Board introduces a framework for basic deposit accounts to enhance financial inclusion, allowing unserved and underserved Filipinos to access essential banking services with minimal requirements and no maintaining balance.

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