Skip to content
Important Notice   Close

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.

Click here to know more.

  • Innovation & Transformation

Digital Frontiers 2030: Unlocking opportunities from Southeast Asia’s digital accel...

Presented by HSBC and Google Cloud, in partnership with Payments and Commerce Market Intelligence (...

Article

Read more
Read more
Ricardo de los Reyes

Supporting Maynilad’s Landmark IPO, Advancing Water Services in t...

Video
Read more

Unilever launches its first sustainable supply chain finance in t...

Article
Read more

My HSBC Story: Nephroplus

Video
Read more
my-hsbc-story-treasurer-of-the-philippines-sharon-almanza-banner

My HSBC Story: Treasurer of the Philippines, Sharon Almanza

Video
Read more

My HSBC Story: Secretary of Finance of the Philippines, Ralph Rec...

Video
Read more
Widening the scope: How to find the opportunity in Asia’s climate reporting challenge

Widening the scope: How to find the opportunity in Asia’s climate...

Article

Get the insights that matter to your business

Customise your feed by choosing the Themes and Topics that you want to see.
Learn more
Unlocking green capex for transition technologies banner

Unlocking green capex for transition technologies

Article
Read more

How social finance can advance equity and economic growth in Asia

Article
Read more
AI’s transformative potential for corporate treasuries in Asia

AI’s transformative potential for corporate treasuries in Asia

Article
Read more

What Asia’s leadership in digital currencies means for businesses

Article

Product

Working capital

Improve working capital by unlocking funds caught in the supply chain, and manage incoming and outgoing cash flows more effectively organisation wide.

Read more

Why embedded finance is integral to Asia’s growth story

Article
Read more

A practical guide to digitalising corporate treasury functions

Article
woman accessing HSBCnet Help Desk on her desktop computer

Need help?

Get in touch to learn more about our banking solutions and how we can help you drive your business forward.
Contact us