Latest Breaking News On - 000 polymer note was not accepted for payment ina branch of sm retail store because it folded the bsp has issued guidelines on how to properly handle banknotes and these include putting them wallet that is long enough where they can fit - Page 1 : comparemela.com
FOLDED BANKNOTES. The Bangko Sentral ng Pilipinas (BSP) announced Monday night (July 11, 2022) that folded paper or polymer banknotes can be accepted for payments. This, after a Facebook post went viral over the weekend wherein the user claimed that her 1,000-piso polymer banknote was not accepted for payment in a major retail store because it was slightly folded. (PNA file photo) MANILA - Folded banknotes, whether paper or polymer, can still be accepted for payments, the Bangko Sentral ng Pilipinas (BSP) said, advising the public to go to banks to check the authenticity of their banknotes. In a statement Monday night, the central bank said "retailers and banks should accept them for day-to-day payment transactions." "The BSP issues this advisory to address concerns raised on social media regarding non-acceptance by some establishments of folded 1000-Piso polymer banknotes," it said. This, after a certain Reylen Lopez made a Facebook post over the weekend and claime