Coin deposit machine collections hit P1.3-B
A coin deposit machine in SM Mall of Asia. —Photo from the Bangko Sentral ng Pilipinas
MANILA, Philippines – The Bangko Sentral ng Pilipinas (BSP) said over P1.3 billion worth of coins have been deposited through its coin deposit machines (CoDM).
As of Feb. 15 this year, the total coin collection amounted to P1.308 billion.
The amount is equivalent to 326.18 million pieces of coins from 299,457 transactions.
READ: BSP: Coin deposit machine collections hit P1.082B
Launched on June 20, 2023, the CoDM project allows customers to conveniently deposit their legal tender coins to be credited to their GCash or Maya electronic wallet accounts, or converted into shopping vouchers.
The coin deposit machines support the BSP’s Coin Recirculation Program to put idle coins back in circulation to serve the country’s currency needs.
To date, the BSP has deployed CoDMs in partner retail establishments across the Greater Manila Area.
These are located at the following places:
- Robinsons Place Metro East, Pasig City
- Robinsons Place Novaliches, Quezon City
- Robinsons Place Antipolo, Rizal
- Robinsons Place Magnolia, Quezon City
- Robinsons Place Ermita, Manila
- Robinsons Place Galleria, Ortigas
- Festival Mall, Muntinlupa City
- SM Megamall, Mandaluyong City
- SM City Grand Central, Caloocan
- SM City Marilao, Bulacan
- SM City Taytay, Rizal
- SM Hypermarket FTI, Taguig City
- SM Southmall, Las Piñas City
- SM City Sucat, Parañaque
- SM City Calamba
- SM City Marikina
- SM City San Mateo, Rizal
- SM City Valenzuela
- SM Mall of Asia, Pasay City
- SM City North EDSA, Quezon City
- SM City Fairview, Quezon City
- SM City San Lazaro, Manila
- SM City Bicutan, Parañaque
- SM City Bacoor, Cavite
