MANILA – The Bangko Sentral ng Pilipinas (BSP) has raised the cash withdrawal threshold triggering enhanced due diligence (EDD) to ₱1 million from ₱500,000. In a statement Tuesday, March 3, the BSP said that Circular 1230 increases the limit to focus on higher-risk activity while streamlining legitimate and recurring transactions. “The increase follows consultations with […]... Keep on reading: Now you can withdraw ₱1M cash without calling BSP's attention