
GoTyme Bank was awarded its Certificate of Authority to operate as a digital bank by the Bangko Sentral ng Pilipinas (BSP) last July 29, 2022.
This signifies that the BSP has already reviewed GoTyme Bank’s processes and infrastructure and deemed them compliant with all of BSP’s regulations including the Bank Secrecy Act, Anti-Money Laundering Act, Customers Protection Act, Data Protection Act and a robust IT Risk Management Framework.
The issuance of a COA is the third and final stage involved in establishing a digital bank in the country. The other two stages are filing an application for the Authority to Establish a Digital Bank with the Monetary Board (MB) and the Issuance of the Authority to Register with the Securities and Exchange Commission.
GoTyme Bank is set to revolutionize digital banking services in the Philippines with safe and secure transactions as certified by the Bangko Sentral ng Pilipinas (BSP). With a high-tech-high touch approach, GoTyme Bank clients can open an account in under five minutes through digital kiosks and avail of banking products and services such as better bank transfers, shopping rewards, interest savings, trading,
investing and customer service.
To get exclusive updates and news on early access, subscribe to GoTyme Bank’s newsletter via www.gotyme.com.ph. Follow the official GoTyme Bank social media pages, GoTymeBank on Facebook and https://www.instagram.com/gotymebank/ on Instagram for more information.
You might also like
More from News
Kingston Adds New Form Factor to NV3 PCIe 4.0 NVMe SSD
Kingston Technology, a world leader in memory and technology solutions, today announced today announced it has added a new form …
Infinix Champions Campus Esports at XCC 2025 Grand Finals, NU Bulldogs Bag Inaugural Title
The Infinix Campus Cup (XCC) 2025 Regional Grand Finals celebrated esports excellence at the SM Mall of Asia Music Hall, …
SomeTHIN is Coming In: Infinix to Unveil HOT 60 Series, Featuring the World’s Slimmest 3D-Curved AI Phone
Infinix is turning up the heat this season with the launch of its newest innovation — the HOT 60 Series, …