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SPOT.ph Roadtest: Turning Our Alkansya Coins Into GCash Using the BSP's Deposit Machine

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SPOT.ph Roadtest: Turning Our Alkansya Coins Into GCash Using the BSP's Deposit Machine© Provided by Spot.ph

(SPOT.ph) Got lots of You do not have permission to view the full content of this post. Log in or register now. gathering dust in your alkansya at home? Turn those coins, centavos included, into You do not have permission to view the full content of this post. Log in or register now.balance or even You do not have permission to view the full content of this post. Log in or register now. vouchers for free using the You do not have permission to view the full content of this post. Log in or register now.' Coin Deposit Machine.

BSP, together with its partner retailers, launched the Coin Deposit Machine this June to encourage You do not have permission to view the full content of this post. Log in or register now.to turn idle coins inside their piggy banks into virtual money or shopping vouchers as it aims to promote coin recirculation in the You do not have permission to view the full content of this post. Log in or register now..

This machine is good for those who don't like using coins in everyday transactions, don't like lugging around heavy coin purses, or simply can't find the time to bring their coins to the bank to have it replaced. This machine accepts all BSP-released coins, even those one centavo coins your suking tindahan wouldn't accept for everyday transactions.


What you need to know about BSP's Coin Deposit Machine​

There are four live coin deposit machines in Manila, specifically two machine at SM Mall of Asia in Pasay City, Robinsons Place Ermita in Manila, and Festival Supermall in Muntinlupa. BSP will soon deploy six more machines other SM and Robinsons Malls this year.

Aside from GCash, BSP is also in talks with electronic money app Maya to provide more e-money options for Filipinos and may be an available option by August 2023.

It accepts all denominations of the original BSP coin series from one centavo to P10 coins, and the new generation currency coin series from one centavo to the new P20 coins.

Good news is, the deposit is done in real-time and will be credited to you once you're done with your transaction.

Take note that damaged, *******ed, demonetized coins, as well as foreign currency, foreign objects and tokens will not be accepted.


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Take note: These coins will not be accepted. PHOTO BY Screenshot/Bangko Sentral ng Pilipinas© Provided by Spot.ph

How to use Bangko Sentral ng Pilipinas' Coin Deposit Machine​

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We found BSP's Coin Deposit Machine inside SM Department Store's Service section in Mall of Asia, Pasay City. PHOTO BY Pia Regalado© Provided by Spot.ph

If it is your first time using this machine, or you just need a refresher on how to do it again, read this instruction on new transactions.

1. Bring your coins to the nearest BSP coin deposit machine. Counting your coins prior to depositing it in the machine is optional, as the machine will count it for you.


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It accepts all BSP-released coins in circulation. PHOTO BY Pia Regalado© Provided by Spot.ph

2. Follow the instruction on the touchpad. Click New Transaction. (Note that there's also an option to continue a previous transaction, which requires a code from the earlier activity.)

3. Place all your coins in the coin slot located at the front right side of the machine.


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No need to count the coins; the machine will do it for you. PHOTO BY Pia Regalado© Provided by Spot.ph
4. Press A to start counting the coins.

5. Check the summary of denomination and total amount of coins shown at the screen.

6. Double check the coin slot at the lower part of the machine if there are returned coins.

7. Once finished with your deposit, press B to print your receipt.

8. Once receipt is printed, take the receipt which shows the breakdown of the coins and the total amount deposited.


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If you choose GCash, it will print out two receipts: the first one with the breakdown of coins deposited and another one from GCash. PHOTO BY Pia Regalado© Provided by Spot.ph
9. At the touch screen, you will be asked to pick whether to convert your deposited coins into GCash money or SM Voucher. Select one. If you choose GCash, type in your registered GCash mobile number and press continue.

10. Wait for the receipt to be printed. If deposited to your GCash account, expect a text message of confirmation right after your deposit.


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The amount will be deposited in real time. PHOTO BY Pia Regalado© Provided by Spot.ph

FROM: SPOT.PH
 
good morning po master.. oh wow this is so great kasi madami akong mga coins at nagkalat lang,, doon sa bahay eh nakalagay sa altar ahhaha... maganda ito para nga naman maibalik sa sirkulasyon kesa naka stock lang sa bahay o sa mga piggy bank... pero syempre mas gusto parin ng ibang pinoy na nasa bahay nila para incase of emergency nga naman eh may madudukot sila...
 
good morning po master.. oh wow this is so great kasi madami akong mga coins at nagkalat lang,, doon sa bahay eh nakalagay sa altar ahhaha... maganda ito para nga naman maibalik sa sirkulasyon kesa naka stock lang sa bahay o sa mga piggy bank... pero syempre mas gusto parin ng ibang pinoy na nasa bahay nila para incase of emergency nga naman eh may madudukot sila...
ako intayin ko muna mapuno alkansya ko then ipasok ko dito sa machine heheh
 
Nakita ko 2 ts sa Robinson Manila..
Galing ni bsp
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