Davao stores to accept 'erroneous' peso bills

SEVERAL business establishments in Davao City assured Dabawenyos they will accept the newly-printed peso bills which reportedly contained some typographical errors.

But Gina Encarnacion, supervisor of Central Convenience Store on J.P. Laurel Avenue, said they have not seen any of these erroneous bills, so far.

She said that if they encounter these bills, they will accept it from their customers as long as there is no notice from the Bangko Sental ng Pilipinas (BSP) not to accept it.

Jasmine Jimenez, cashier of Botica Pharmacy in the same area, echoed the same comment, saying that since BSP released the new peso bills, "it means it is considered as legal tender."

"Kung naa na na dira, dawaton na namo kay dili man na mag gawas kung dili na pwedi pang-bayad (If it's already there, then we will accept it because it won't be released if it is not good for tendering)," Jimenez said.

But she is worried that if the new sets of erroneous bills are released to the public, it will be more prone to counterfeiting.

On December 16, the BSP released a new design of banknotes retaining the images of the heroes but added new photos therein of certain Philippine iconic animals.

In some bills, like the P500 and the P200 bills, the scientific names were erroneously written.

Aside from the erroneous scientific names, several islands of the country were omitted and some were dislocated.

Although the new sets of peso bills contain some errors, the BSP assured they have added security features to them, making them difficult to counterfeit.