The Bangko Sentral ng Pilipinas (BSP) has recently released new guidelines for Virtual Asset Service Providers (VASPs) such as Coins.ph. In order to continue enjoying higher limits without interruptions, we may periodically ask you to update your information with us. Otherwise, your limits will be reverted back to Level 3 (Address Verified).
Making sure that your account information is up-to-date helps in keeping your account safe and ensures you always receive important reminders and advisories.
You can also take this opportunity to request for revised Custom Limits as updating your information also includes a review of your current account limits. However, kindly take note that based on your submission and financial documents, your Custom Limits may also be lowered.
You may read more on the Circular No. 1108 Guidelines for Virtual Asset Service Providers (VASP) here.
To update your information for custom limits please click here.