![**BSP Orders Financial Institutions to Accept All National ID Formats**The Bangko Sentral ng Pilipinas (BSP) has instruc...](https://img3.medioq.com/541/166/1067192475411669.jpg)
12/08/2024
**BSP Orders Financial Institutions to Accept All National ID Formats**
The Bangko Sentral ng Pilipinas (BSP) has instructed all BSP-Supervised Financial Institutions (BSFIs) to accept all formats of the national ID, including the digital version, as valid identification.
As per BSP Memorandum 2024-026, issued on August 9, BSFIs must recognize the national ID in any format as an official government-issued ID and a primary proof of identity, provided it passes authentication checks.
The digital national ID, launched on June 10, can be accessed via computers or smartphones and includes the owner's ID number, basic demographic details, and a QR code.
Additionally, BSFIs are required to use the national ID verification system (https://everify.gov.ph/check) to confirm the authenticity of the ID presented.
Re: https://www.pna.gov.ph/articles/1230997
MANILA – The Bangko Sentral ng Pilipinas (BSP) directed BSP-Supervised Financial Institutions (BSFIs) to accept all formats of the national identification (ID), including the digital format. BSP Memorandum 2024-026, dated Aug. 9 and posted on the central bank's website on Monday, mandates BSFIs…