The Bangko Sentral ng Pilipinas is strongly advising banks in the Philippines to conduct ATM maintenance late at night or before dawn, according to an official from the central bank. Government officials do not want the machines to be unavailable during the busy holiday season while consumers are shopping, according to the official, noting the central bank expects higher than average cash withdrawals during the holidays. “The central bank will coordinate with the banks where necessary to make sure that routine maintenance is undertaken during off hours,” he adds. The central bank also advised financial institutions to keep their ATMs well stocked to avoid cash shortages.
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