Thursday, June 20, 2024

BSP Coin Deposit Machine: Information to CoDM and Checklist of Taking part Malls (Location and How you can Use)

Do you continue to have these coin banks? Excellent news! As a result of now you possibly can put your cash to your on-line pockets or use them for procuring and not using a trouble of bringing them to the cashier!


Here is my checklist of helpful objects so that you can save or earn cash properly:

Shopee is my go-to app for issues I wanted like those above. If you would like reductions and vouchers, you might get the very best provides right here:

Via the CoDM undertaking, the BSP encourages the general public to deposit their idle cash saved of their jars, piggy banks, and different containers in accessible, handy, and environment friendly coin change amenities in collaborating malls.

Depositors have to enter their GCash account numbers within the CoDMs in order that the quantity of cash they positioned within the machines will be credited to their digital wallets. The minimal quantity to be credited to the e-wallet account is PHP100 whereas most quantity relies on the pockets’s restrict.

Via the CoDM undertaking, the BSP goals to deal with the synthetic coin scarcity in sure areas of the nation and assist be sure that solely match and authorized tender forex is available for public use.

With the choice to credit score the worth of deposited cash to e-wallets, the CoDM undertaking additionally promotes using digital funds and strengthens monetary inclusion.

The place to search out BSP Coin Deposit Machines

For Coin Deposit Machine branches, the BSP, in collaboration with SM Retail, Inc., Robinsons Grocery store Company, and Filinvest Lifemalls Company, CoDMs went stay in SM Mall of Asia (MOA) in Pasay, Robinsons Place Ermita in Manila, and Competition Mall in Muntinlupa.

Those that will use the CoDMs in SM Malls and Competition Mall may decide to obtain SM procuring vouchers as a substitute of the money quantity to be credited to their GCash accounts. There may be no minimal or most quantity of cash to be transformed to procuring vouchers.


The vouchers can be utilized initially for over-the-counter transactions in SM Shops across the nation.

Location of Coin Deposit Machines

I used to be looking for a Coin Deposit Machines close to me. Nevertheless, as of writing, there are solely 9 working CoDM throughout the nation:

  • Robinsons Place Manila
  • Competition Supermall
  • SM Mall of Asia
  • SM Metropolis Fairview
  • SM Metropolis North EDSA
  • Robinsons Galleria Ortigas
  • SM Metropolis San Lazaro
  • SM Metropolis Bicutan
  • SM Metropolis Bacoor

See the up to date checklist of Coin Deposit Machine places under:

The BSP is scheduled to deploy 25 CoDMs in choose branches within the Larger Manila Space of its accomplice institutions till August this yr.

How you can use BSP Coin Deposit Machine

To begin a transaction, the depositor should faucet the “Contact to Begin” button on the tabletop touchscreen.

The display will show the Information Assortment clause to tell the depositor that the knowledge corresponding to, however not restricted to, the amount, denomination, and quantity of deposited cash, date and time of the transaction, chosen crediting facility, and account variety of e-wallet can be collected by the CoDM.

The gathering and processing of all private knowledge are in accordance with Republic Act No. 10173 or the Information Privateness Act of 2012.

The depositor will then be given the choice to both begin a brand new transaction or proceed a earlier one.

If the depositor begins a brand new transaction, the display will show the Coin Retrieval clause with the reminder that cash deposited within the machine can now not be retrieved.

If the depositor chooses to proceed, the display will present the Deposit Process:

  1. Place all of the cash within the coin slot.
  2. Press the “A” button to depend the cash
  3. Press the “B” button to proceed to conversion
  4. Faucet the “Denomination” button to indicate the denominations, amount, and corresponding quantity of deposited cash.

Watch the video information on the way to use the CoDM:

Alternatively, the preliminary coin depend receipt shall be printed by the machine.

The display will then present the crediting choices, which embrace crediting to GCash e-wallet account or conversion to SM procuring voucher.


Which cash can be accepted by the CoDM?

All denominations of the BSP Coin Collection and New Technology Forex (NGC) Cash Collection shall be accepted by the CoDM. Match cash deposited into the machine can be given their equal worth.

Mutilated and unfit cash that won’t go the machine’s standards can be rejected and won’t be given worth. Demonetized cash, international forex, and international objects (e.g., tokens) can even be rejected by the machine and returned to the consumer.

Is there a minimal and most quantity for changing the worth of the cash to both an e-wallet deposit or a procuring voucher?

There isn’t a minimal and most quantity required for the conversion of deposited cash to SM procuring voucher.

For crediting to GCash, the minimal quantity is PHP1.00, whereas the utmost quantity relies on the GCash pockets restrict of the depositor.

Beneath are the pockets and transaction limits set by GCash.


Related Articles


Please enter your comment!

Please enter comment in Japanese. (Anti-spam)

Please enter your name here


Latest Articles