Banking services provided under alert level 3

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CONTINUING SERVICES A branch of the Bank of the Philippine Islands in San Pedro, Laguna is carrying on its usual business. The Bangko Sentral ng Pilipinas assured customers that banking services would continue in areas under Alert Level 3 amid rising Covid-19 cases. PHOTO BY AARON RONQUILLO

The Bangko Sentral ng Pilipinas (BSP) assures the public that banking services will continue to be provided to customers in locations where Alert Level 3 is in effect.

“The Bangko Sentral ng Pilipinas assures the public that the banking industry will continue to provide essential services to its customers despite the decision of the Inter-Agency Task Force for the Management of Emerging Infectious Diseases (IATF-EID) to place the region of national capital, Bulacan, Cavite and Rizal under Alert Level 3 until January 15, 2022,” it said in a statement on Friday.

The central bank further reiterates its instructions to its supervised financial institutions to strictly adhere to basic health protocols to protect the safety and well-being of bank staff and customers.

It also encourages people to embrace online banking and digital payment systems to make their financial transactions safer and more efficient.

The Bangko Sentral also said important services, including open market operations, PhilPaSS settlements and cash withdrawal services, are unaffected.

“The central bank continues to implement strict Covid-19 measures in all BSP offices,” she added.

Vaccination of employees; regular sanitation of its premises; regular medical examination by thermal scanning and submission of health declaration forms by Bangko Sentral employees and visitors; improved detection and contact tracing through regular testing; provision of full medical assistance; adoption of alternative working arrangements in accordance with IATF guidelines; and a sustained information campaign on protection against the virus are among these measures.

Throughout the pandemic, the central bank has said it is committed to fulfilling its duties of promoting price stability and financial stability, as well as a safe and efficient payment and settlement system.

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