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Bangko Sentral ng Pilipinas (BSP) encourages individuals who still have old bank notes or peso bills (New Denomination Series ) in their possession to exchange these with the New Generation Currency (NGC) Series in banks until December 31, 2016 only. Old bank notes that have not been exchanged or surrendered will be demonetized or will no longer have monetary value starting January 1, 2017, said BSP La Union Regional Director Rogel Joseph del Rosario during […]
The Bangko Sentral ng Pilipinas (BSP) disclosed that old peso bills can be used for buying and payments until December 31 only. As such, the bsp has been urging the public to swap their old peso bill called new design series (NDS) with the new generation currency (NGC). Ma. Lourdes Laconsay, Senior Research Specialist of BSP-San Fernando branch, said the NDS banknotes can still be used for paying, buying and other transactions requiring the use […]
