Tag: bank notes

Folded P1,000 polymer bank notes can be accepted for payment, says BSP

  (Eagle News) – “Folded bank notes, whether paper or polymer, can still be circulated and accepted for payment,” the Bangko Sentral ng Pilipinas (BSP) advised the public on Tuesday, July 12. The BSP said it issued this advisory to clarify and “address concerns raised on social media regarding non-acceptance by some establishments of folded 1000-Piso polymer banknotes.” Retailers and banks should accept folded bank notes, both the paper and polymer type, for day-to-day payment […]

Feature: Let go of old bank notes

  KALIBO, Aklan, October 24 (PIA6) — If you are one of those still holding on to old bank notes (New Design Series or NDS) for sentimental or other reasons or if you received as change from your “suki” fruit vendor dark-colored peso bills after paying your purchases, be sure you dispose of these bills right away, or else be left holding “demonetized”, or value-less money. After December 31, 2015, the NDS will no longer […]