Updated: Apr 22, 2021
January 29, 1991
TO : ALL FX Credit Clearing Banks/Institutions RE : INCREASED MAXIMUM LIMIT FOR DOLLAR AND PESO REMITTANCES 1. Further to BAP letter dated January 23, 1992 and CB Circular No. 1322 Series of 1992 (copies of which are
attached), we are pleased to inform that the FX Credit Clearing PC Software has been modified to increase the
maximum limit to $10,000 for the Dollar Remittances and ₱300,000.00 for the Peso Remittances.
2. The diskette containing the revised FX Software shall be available for pick-up by your authorized representative
beginning January 30, 1992.
For information and guidance.