The Bangko Sentral ng Pilipinas (BSP) will redeploy 25 reconfigured coin‑deposit machines in the Greater Manila area between late October and early November 2026.
Deputy Governor Bernadette Romulo‑Puyat announced that an additional 25 units are slated for installation by January 2027 in other densely populated locations, including Pampanga, Baguio, Cebu and Davao.
The rollout timeline incorporates software upgrades, enclosure and hardware modifications, as well as calibration, accuracy verification and end‑to‑end testing of each machine before deployment.
The machines were first introduced in June 2023 at select malls to promote coin recirculation, but operations were suspended in June 2025 to resolve maintenance challenges.
Initial installations were placed in outlets of SM Store, Robinsons Supermarket and Festival Mall.
The forthcoming deployment will be limited to SM malls, following a partnership with BDO Unibank that supports the coin‑recirculation program.
Although BSP approached other retailers, SM expressed interest first, and BDO will also participate in the initiative.
Under the original arrangement, BSP alone handled coin retrieval and verification, a model that became financially unsustainable after higher‑than‑expected usage filled machines by midday.
Customer‑service agents will be stationed at the machines to assist depositors.
The machines accept all denominations of the BSP Coin Series and New Generation Currency Coins Series, while rejecting unfit, demonetized, foreign coins and non‑currency objects.
Depositors may credit the value of their coins to an electronic wallet or bank account, or exchange it for shopping vouchers.
By mid‑March of the previous year, the network had processed nearly 340 million coins, valued at approximately ₱1.373 billion, across more than 300,000 transactions.
