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Important Service Advisory: Larger Cash Withdrawals Exceeding ₱500,000.00

To our Valued Customer,

We wish to inform you that the Bangko Sentral ng Pilipinas (BSP), through Circular No. 1218, Series of 2025, has issued new regulations on large value cash transactions effective, Monday, 06 October 2025.

Large cash withdrawals exceeding ₱500,000.00 or its foreign currency equivalent shall only be made, facilitated, or transacted through cheque payment, fund transfer, direct credit to deposit accounts, and/or other form using digital platform or the HSBCnet app. The PHP500,000.00 limit maybe carried out in a single transaction or in series of transactions within one (1) banking day.

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My HSBC Story: Secretary of Finance of the Philippines, Ralph Recto

Video

Progress is never achieved alone; it is built on partnerships that stand the test of time.

As we mark our 150th anniversary in the Philippines, we celebrate with our partners who have contributed their support to shape our story and become part of our enduring legacy.

We proudly present “My HSBC Story”, featuring Secretary of Finance of the Philippines, Ralph Recto. Watch the video to see how HSBC Philippines has been a steadfast partner in advancing the nation’s economic growth and how our shared commitment continues to drive progress for generations to come.

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