A coin deposit machine in Robinsons Magnolia along Aurora Boulevard in Quezon City in this undated photo. As of Feb. 15, 2025, the total coin collection has reached over PHP1.3 billion. (Photo courtesy of BSP)
The Bangko Sentral ng Pilipinas (BSP) has successfully collected over P1.3 billion worth of coins through its Coin Deposit Machines (CoDMs) since their launch.
As of February 15, 2024, the total coin deposits have reached P1.308 billion, equivalent to 326.18 million pieces of coins from 299,457 transactions.
Launched on June 20, 2023, the CoDM project allows users to deposit their legal tender coins and have the amount credited to their GCash or Maya electronic wallets, or converted into shopping vouchers.
The initiative supports BSP’s Coin Recirculation Program, which aims to bring idle coins back into circulation to meet the country’s currency demand.
CoDM locations across Greater Manila
To make coin deposits more accessible, BSP has installed CoDMs in partner retail establishments across the Greater Manila Area, including malls under Robinsons and SM.
Robinsons locations:
- Robinsons Place Metro East (Pasig City)
- Robinsons Place Novaliches (Quezon City)
- Robinsons Place Antipolo (Rizal)
- Robinsons Place Magnolia (Quezon City)
- Robinsons Place Ermita (Manila)
- Robinsons Galleria (Ortigas)
SM locations:
- SM Megamall (Mandaluyong City)
- SM City Grand Central (Caloocan)
- SM City Marilao (Bulacan)
- SM City Taytay (Rizal)
- SM Hypermarket FTI (Taguig City)
- SM Southmall (Las Piñas City)
- SM City Sucat (Parañaque)
- SM City Calamba (Laguna)
- SM City Marikina
- SM City San Mateo (Rizal)
- SM City Valenzuela
- SM Mall of Asia (Pasay City)
- SM City North EDSA (Quezon City)
- SM City Fairview (Quezon City)
- SM City San Lazaro (Manila)
- SM City Bicutan (Parañaque)
- SM City Bacoor (Cavite)
The BSP continues to encourage Filipinos to utilize CoDMs to maximize the use of coins, ensuring they remain in circulation and contribute to the efficiency of the country’s monetary system.
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