SB 873
Senate·20th Congress·Filed Aug 4, 2025
Bangko Sa Baryo Act
An Act Enabling Banks to Expand Service Delivery Channels Through Cash Agents and Providing Guidelines Therefor
In plain language
The Bangko sa Baryo Act would let banks work with local shops and other small retailers (cash agents) to offer basic banking services—like deposits, withdrawals, fund transfers and bill payments—in remote and low‑income barangays. The BSP would approve agents, banks would remain liable for their actions, and LGUs would help with training and fast‑track permits.
Public Works and InfrastructureConsumer ProtectionLocal Government
Automated summary by BatasWatch. It may miss nuance — read the bill text before citing it.
Subjects
Bank ServicesBangko Sa Baryo
Official sources
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SBN-873 · Sources: BetterGov Open Congress, BatasWatch