The Central Bank of the Philippines advised authorized agent banks and their subsidiary or affiliate foreign exchange corporations that two Bangko Sentral ng Pilipinas registration documents covering foreign investments in Cargill Philippines Inc have been reported lost, replacement applications have been filed, and the documents should not be honored if found and presented for foreign exchange purchases for capital repatriation or remittance of earnings under Section 38 of the Manual of Regulations on Foreign Exchange Transactions.
Central Bank of the Philippines2026-06-17
Central Bank of the Philippines tells agent banks not to honor two lost foreign investment registration documents linked to Cargill Philippines
The Central Bank of the Philippines notified authorized agent banks that two Bangko Sentral ng Pilipinas registration documents linked to foreign investments in Cargill Philippines Inc have been reported lost. Replacement applications have been filed, and the documents must not be honored for foreign exchange purchases related to capital repatriation or remittance of earnings.