More than a calendar year ago the Bangko Sentral ng Pilipinas (The Philippines Central Lender) began the introduction of new banknotes. A single 12 months later on we had only viewed 20 Pesos and 1000 Pesos expenditures. The general public does not nonetheless know the new charges. This info open the gates broad open up for counterfeit charges.
Mayor Herbert Bautista said the proliferation of counterfeit costs phone calls for drastic actions since even gasoline stations, speedy food stuff stores and other retail retailers have been victimized by counterfeiters passing off phony P100, P500 and P1,000 expenditures.
“Throughout the year we would at times get grievances about the use of counterfeit bills but amazingly there were being a important quantity of studies about comparable difficulties in the past couple times. I think there is now a foundation for the PNP, the NBI and banking authorities to get started an investigation,’’ Bautista explained.
The new peso bills have 14 identified security marks. But to make certain you have a true banknote in your palms, you ought to know where to appear for these protection marks. Some of the marks can only be detected with an UV-lamp (brief-wave ultraviolet gentle), other people are well visible.
In this article are the most typical marks:
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Photographs of all aged and new peso banknotes are here