Quote from: Ranly123 on January 27, 2018, 12:03:24 PM

Quote from: kingkats0803 on January 27, 2018, 11:51:39 AM

Quote from: arrmia11 on January 27, 2018, 09:51:49 AM

Quote from: kingkats0803 on January 27, 2018, 09:08:06 AM

14 banks in the Philippines now recognize and transect bitcoins.
What about in yours?

Seriously? What are those banks? That'll be a good indication to other country and of course to include other banks in the Philippines as you said so. Hoping that there would be a lot of banks that will also recognize bitcoin. Philippines is one of the country that doesn't ban bitcoin unlike China. Hopefully bitcoin will prosper on the said country.

Like BDO, BPI, metrobank, chinabank,unionbank and among others.
You can check this link http://www.gmanetwork.com/news/money/content/368421/bitcoins-can-now-be-purchased-in-14-different-banks/story/
Just stumbled upon reading stories regarding bitcoins.
Im hoping the same, banks should recognize bitcoin.
Hurra to all!
Hehehe.

This would be a good news to all. Not only in security bank where we can deposit our earnings and cash out as well but also to other banks in the Philippines. I am looking forward in the announcement most especially in BPI where i trusted the most.

But I think there's still controversy over Bitcoin transaction in some banks. A story of a client who have bank account in Banco de Oro (BDO) have gone viral when she posted in facebook her story wherein she said that a staff of the bank told her that her account is subject for closure because they traced that there was a bitcoin transaction in her account. And they stated that an order to close all accounts that has BTC transactions was given to them as per the Central Bank of the Philippines (BSP). The staff insisted that the order was from BSP which is quite confusing since they approved a local exchange and there are 12 more exchanges subject for review. However, upon reaching out to BSP there was a misunderstanding and there's no such order but they are eyeing to regulate virtual currencies.
You may refer to this link (some are in Filipino language): https://web.facebook.com/permalink.php?story_fbid=516683295371902&id=100010907075861