Guidelines on Special Deposit Accounts Termination

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CBP CIRCULAR-LETTER S. 1992: Guidelines on Special Deposit Accounts Termination

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Title Supreme Court: Guidelines on Special Deposit Accounts Termination

Law: Cbp Circular-letter S. 1992

Decision Date: Oct 6, 1992

The Central Bank announces the discontinuation of Special Deposit Accounts (SDAs) for foreign exchange earners, allowing them full access to their foreign exchange receipts and eliminating the need for regulated accounts.

special deposit

accounts

foreign exchange

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