BSP FX Sale Guidelines for AABs and NBBSEs

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BSP CIRCULAR NO. 388: BSP FX Sale Guidelines for AABs and NBBSEs

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Title Supreme Court: BSP FX Sale Guidelines for AABs and NBBSEs

Law: Bsp Circular No. 388

Decision Date: May 26, 2003

BSP Circular No. 388 establishes guidelines for the sale of foreign exchange by Authorized Agent Banks and Non-Bank BSP-Supervised Entities for non-trade transactions, detailing documentation requirements, transaction limits, and prohibitions to ensure compliance with regulatory standards.

foreign exchange

trade transactions

authorized agent

END