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    Memorandum No. 2020-040

    Uploaded by

    Aika Reodica Antiojo
    The document provides a revised submission schedule for the FX Form 1 Report in May 2020 due to the extension of the Enhanced Community Quarantine to May 15th. It outlines that reports covering May 4th-8th will now be due May 27th, reports covering May 11th-15th will be due June 1st, and so on. It also notes that schedules 8 and 13 of the previous month's report will be due May 29th, and that starting June 1st, the normal submission guidelines will resume.

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    Memorandum No. 2020-040

    Uploaded by

    Aika Reodica Antiojo
    32 views1 page
    The document provides a revised submission schedule for the FX Form 1 Report in May 2020 due to the extension of the Enhanced Community Quarantine to May 15th. It outlines that reports covering May 4th-8th will now be due May 27th, reports covering May 11th-15th will be due June 1st, and so on. It also notes that schedules 8 and 13 of the previous month's report will be due May 29th, and that starting June 1st, the normal submission guidelines will resume.

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    The document provides a revised submission schedule for the FX Form 1 Report in May 2020 due to the extension of the Enhanced Community Quarantine to May 15th. It outlines that reports covering May 4th-8th will now be due May 27th, reports covering May 11th-15th will be due June 1st, and so on. It also notes that schedules 8 and 13 of the previous month's report will be due May 29th, and that starting June 1st, the normal submission guidelines will resume.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Download as pdf or txt
    32 views1 page

    Memorandum No. 2020-040

    Uploaded by

    Aika Reodica Antiojo
    The document provides a revised submission schedule for the FX Form 1 Report in May 2020 due to the extension of the Enhanced Community Quarantine to May 15th. It outlines that reports covering May 4th-8th will now be due May 27th, reports covering May 11th-15th will be due June 1st, and so on. It also notes that schedules 8 and 13 of the previous month's report will be due May 29th, and that starting June 1st, the normal submission guidelines will resume.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
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    of 1

    OFFICE OF THE DEPUTY GOVERNOR

    MONETARY AND ECONOMICS SECTOR

    040
    MEMORANDUM NO. M-2020-___

    To : ALL UNIVERSAL/COMMERCIAL BANKS

    Subject: Revised Submission Schedule of the FX Form 1 Report

    The revised submission schedule of the FX Form 1 Report (Main Report and Schedules
    1-13) for May 2020, considering the extension of the Enhanced Community Quarantine to
    15 May 2020, is as follows:

    Date of Report Date of Submission


    4-8 May 2020 On or before 27 May 2020
    11-15 May 2020 On or before 1 June 2020
    18-22 May 2020 On or before 5 June 2020
    25-29 May 2020 On or before 10 June 2020

    Further, the submission of the weekly FX Form 1 Report (Main Report, Schedules 1 to
    7 and 9 to 12), covering the period 9 March - 30 April 2020 shall follow the submission
    schedule as seen in the BSP Memorandum No. M-2020-026 dated 14 April 2020. Schedules 8
    and 13 of the FX Form 1 Report, which are not included in the said Memorandum, shall be
    submitted to BSP on or before 29 May 2020.

    Moreover, starting 1 June 2020, please be advised that FX Form 1 Report (Main Report
    and Schedules 1 – 13) shall be submitted to the BSP, following the existing FX Form 1 Report
    submission guidelines.

    For guidance and immediate compliance.

    FRANCISCO G. DAKILA, JR.


    Deputy Governor

    05 May 2020

    A.Mabini St., Malate 1004 Manila, Philippines (632) 8708-7701www.bsp.gov.phbspmail@bsp.gov.ph

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