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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

Greylen lopezBangko sentralSm retail storesNational capital regionFolded banknotes the bangko sentral ng pilipinas bsp announced monday night july 11022 that folded paper or polymer banknotes can be accepted for payments thisFtera facebook post went viral over the weekend wherein user claimed that her 1000 piso polymer banknote was not accepted for payment ina major retail store because it slightly folded pna file photo manila banknotesHether paper or polymerAn still be accepted for paymentsHe bangko sentral ng pilipinas bsp saidDvising the public to go banks check authenticity of their banknotes ina statement monday nightHe central bank said quot retailers and banks should accept them for day to payment transactions the bsp issues this advisory address concerns raised on social media regarding non acceptance by some establishments of folded 1000 piso polymer banknotesUot it said thisFtera certain reylen lopez madea facebook post over the weekend and claimed that her php1000 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