Latest Breaking News On - 000 peso note isa natural target of forgers as the banknote with highest denomination first line defense against counterfeiting portrait in front bill - Page 1 : comparemela.com
BANKNOTE. The Bangko Sentral ng Pilipinas (BSP) said the 1,000-peso polymer banknote will be released starting April 18, 2022. The banknote is deemed to be more hygienic than the 1,000-peso paper bill since this can be sanitized with less risk to the banknote. (Photo from BSP) MANILA - The initial batch of the 1,000-peso polymer banknotes will be out this April 18, Bangko Sentral ng Pilipinas (BSP) Governor Benjamin Diokno said. "And this will be initially through over-the-counter. And maybe in six months time, you will see it in your ATMs (automated teller machines). I understand they (banks) have to reconfigure the ATMs," he said in a virtual briefing on Thursday. Diokno said the polymer banknotes will be issued alongside the 1,000-peso paper banknotes. He said the use of polymer banknotes is better compared to paper banknotes now amid the coronavirus disease 2019 (Covid-19) since the former can be sanitized easily with less risk of damage to the banknotes. The BSP said the