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Bangko Sentral Registration Document (BSRD)

LANDBANK, as an Authorized Agent Bank, can now issue a BSRD document to non-resident investors.

A non-resident investor planning to purchase foreign exchange (FX) from the Philippine banking system for repatriation and remittance of earnings of duly registered investments is required to obtain a Bangko Sentral Registration Document (BSRD).


The BSRD is a document issued by the Bangko Sentral ng Pilipinas (BSP) evidencing the registration of foreign investments of non-residents. The BSRD contains the list of onshore investments by the non- resident investor and enables him to access the FX resources or purchase FX from Authorized Agent Banks (AABs) or forex corps against Philippine Pesos for servicing/settlement of these transactions.


The issuance of the BSRD has been delegated by the BSP to registering AABs.


List of Instruments/Investments that can be registered with Land Bank of the Philippines

  • Debt securities issued onshore by the National Government and other public sector entities
  • Equity securities issued onshore by residents that are listed at an onshore exchange (e.g., PSE)
  • Debt securities issued onshore by private sector residents that are not listed at an onshore exchange and not covered by the provisions of Part Three, Chapter I of the FX Manual (Loans and Guarantees)
  • Exchange-Traded Funds issued/created onshore by residents.
  • Philippine Depositary Receipts (PDRs) that are listed at an onshore exchange
  • Peso time deposits with an AAB with a maturity of at least 90 days
  • Equity securities issued onshore or offshore by non-residents that are listed at an onshore exchange
  • Debt securities issued onshore by non-residents that are listed at an onshore exchange
  • Instruments  under  Section  37.2(a-h)  used  as  collateral  involving  the  transfer  of  legal/beneficial ownership of the collateral to the non-resident investor
Who can apply for a BSRD? Non-resident investors (e.g. individual, corporation, juridical person) or their authorized representatives
When to apply for a BSRD? Within one (1) year from the date of inward remittance of the foreign exchange (FX) funding the investment (for cash investment). For other types of funding, please refer to Item I of Appendix 10.A of the FX Manual.
What are the documentary requirements to secure a BSRD from LANDBANK? • Cover letter • Application for registration of Foreign Investments (Annex W of the FX Manual) • Authority to Disclose form (Appendix 10.4 of the FX Manual) • Applicable supporting documents under Appendix 10.C of the FX Manual • Other documents as may be required by the Bank’s policy or regulations

How to Apply for BSRD in LANDBANK-TBG

  1. The non-resident investor or his duly authorized representative must submit the documentary requirements to LANDBANK through:


Land Bank of the Philippines

Third-Party Custodianship & Registry Department (TCRD)

21st Floor, LANDBANK Plaza 1598 M.H. del Pilar Dr. J. Quintos St. Malate, Manila


  1. Upon careful assessment of LANDBANK, the non-resident investor/authorized representative might be requested to submit additional information/documents for further reference. LANDBANK will then proceed to evaluate the application once the additional requirements are complied with.


  1. Once the application is complete and found to be in order, a BSRD will be issued in favor of the non- resident investor.


  1. LANDBANK will send a notification to the non-resident investor/authorized representative if the BSRD is ready for pick-up.


For queries, you may contact the LANDBANK Trust Business Development Department through the following:

•             (02) 8405-7100

•             (02) 8405-7119

•             (02) 8405-7761

•             LBP_TRUST@mail.landbank.com

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