The Philippine Statistics Authority slammed a Facebook post claiming that those who have a PHilID can get P5,000 cash assistance from the government. Photo from the PSA.

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<p>MANILA -- The Philippine Statistics Authority (PSA) on Thursday reminded the public that having a <span dir="ltr" id="isPasted">Philippine Identification System (PhilSys) ID does not guarantee financial assistance. </span></p><div><span dir="ltr" id="isPasted">The state statistics bureau explained that while the <span dir="ltr" id="isPasted">PhilID or ePhilID is presented as valid proof of identity when applying for benefits from the government, such benefits are granted based on the rules and regulations of the concerned government agency.</span> </span></div><div><span dir="ltr" id="isPasted">The PSA flagged a Facebook post that said that those who have a national ID get a P5,000 cash assistance from the government.</span></div><div><span dir="ltr"><span class="fr-img-caption fr-fic fr-dib" style="width:950px"><span class="fr-img-wrap"><img src="https://od2-image-api.abs-cbn.com/prod/editorImage/1710385151235viber_image_2024-03-14_09-45-30-588.jpg" style="width:950px" class="fr-fic fr-dib"/><span class="fr-inner" style="text-align:left">The Philippine Statistics Authority slammed a Facebook post claiming that those who have a PHilID can get P5,000 cash assistance from the government. <em>Photo from the PSA.<br/></em><br/></span></span></span></span></div><div><span dir="ltr"></span></div><p>Meanwhile, the Bangko Sentral ng Pilipinas (BSP) has ordered banks and other financial institutions to place the PhilID at the top of the list of acceptable valid IDs, it being the official government-issued ID.</p><p>The BSP said all financial institutions must ensure the broad acceptance of the PhilID, whether the physical card or the ePhilID, as a valid and sufficient proof of identity and age in all financial transactions, subject to authentication. </p><p>The central bank said lenders may use the PhilSys Check identity authentication tool to verify if the data stored in the QR code match the information printed on the face of the ID.</p><p>The BSP has identified the national ID as a driver of financial inclusion in the country by serving as proof of identity for opening formal transaction accounts.</p><p>The PSA said <span id="isPasted" style="color:rgb(65, 65, 65);letter-spacing:normal;orphans:2;text-align:left;text-indent:0px;text-transform:none;widows:2;word-spacing:0px;-webkit-text-stroke-width:0px;white-space:normal;background-color:rgb(255, 255, 255);text-decoration-thickness:initial;text-decoration-style:initial;text-decoration-color:initial;display:inline !important;float:none">48,415,248 PhilIDs have already been delivered</span> across the country as of February 23, 2024.</p><p>More than 45 million ePhilIDs have also been issues, the state statistics bureau said.</p><div><a href="https://news.abs-cbn.com/business/12/28/23/over-8281-million-filipinos-register-for-national-id-psa" rel="noopener noreferrer" target="_blank">Over 82.81 million Filipinos register for national ID: PSA</a></div><div><span class="fr-video fr-deletable fr-fvc fr-dvb fr-draggable" contenteditable="false" draggable="true"><iframe width="640" height="360" src="https://www.youtube.com/embed/6Za4jFQRloA?&amp;t=1s&amp;ab_channel=ABS-CBNNewsautoplay=1&amp;wmode=opaque&amp;rel=0" frameBorder="0" allowfullscreen="" class="fr-draggable"></iframe></span><br/></div>

<p>The Philippine Statistics Authority reminded the public that having a national ID does not guarantee financial assistance.</p>

The Philippine Statistics Authority reminded the public that having a national ID does not guarantee financial assistance.

PSA warns: Having a national ID doesn't grant cash assistance | ABS-CBN

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PSA warns: Having a national ID doesn't grant cash assistance

PSA warns: Having a national ID doesn't grant cash assistance

ABS-CBN News

Published Mar 14, 2024 11:42 AM PHT

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