Amendments to BSP Circulars on Foreign Remittances

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BSP CIRCULAR NO. 1215: Amendments to BSP Circulars on Foreign Remittances

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Title Source: Supreme Court: Amendments to BSP Circulars on Foreign Remittances

Law: Bsp Circular No. 1215

Decision Date: Dec 12, 1989

BSP Circular No. 1215 streamlines the remittance process for royalties, management fees, and revenues from foreign airlines and shipping companies by eliminating certain documentation requirements and adjusting certification thresholds for independent CPAs.

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