Philippine Payments Management, Inc. (PPMI)

Bangko Sentral ng Pilipinas

BSP Circular Letters

BSP Circular Letter No. CL-2018-005

January 12, 2018

BSP CIRCULAR LETTER NO. CL-2018-005

TO:All Banks and Financial Institutions
SUBJECT:Philippine Payments Management, Inc. (PPMI)

Notice is hereby given that the Monetary Board, in its Resolution No. 59 dated 11 January 2018, recognized the Philippine Payments Management, Inc. (PPMI) as the payment system management body (PSMB) under the National Retail Payment System (NRPS) Framework provided in BSP Circular No. 980. The PPMI's Articles of Incorporation and By-laws were approved by the Securities and Exchange Commission (SEC) on 30 August 2017.

For information and guidance. cHDAIS

(SGD.) NESTOR A. ESPENILLA, JR.

Governor

AIC Grande Tower Garnet Road
Ortigas Center, Pasig City
Metro Manila Philippines

Mobile No. +639451244898
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