• The Bangko Sentral ng Pilipinas (BSP) once again called on Filipinos to consider giving digital cash or e-aguinaldo instead of dispensing cold cash as monetary gift during the holiday season.
  • The BSP has been releasing a similar advisory every December since 2020.
  • In a statement Wednesday, Dec. 20, the BSP assured the public that there are enough banknotes to go around and traditionally, the BSP prints more banknotes around this time since the beneficiaries of cash gifts prefer fresh bills.
  • The promotion of e-aguinaldo is part of BSP’s push for the wider adoption of digital payments, financial inclusion and an efficient flow of funds.