Tuesday, September 25, 2018

BSP warns: P10,000 banknote fake

Microsoft Word - TEMPLATE press release.doc

THE Bangko Sentral ng Pilipinas (BSP) advised the public that the New Generation Currency (NGC) Banknote Series currently in circulation is comprised of six denominations only, as follows: P1000, P500, P200, P100, P50 and P20 banknotes.

The BSP has not produced and has not issued a P10,000 NGC banknote.

The forgery of Philippine banknotes as well as the use or possession of forged banknotes are punishable under the law.

We advise the public to report immediately to the nearest Police Station or National Bureau of Investigation the forgery of Philippine banknote and/or use or possession of forged banknote, for appropriate filing of criminal complaint against those persons involved.

The BSP enjoined the cooperation of the public in preserving the integrity of Philippine currency through sharing of verified and truthful information. (PR)