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Alamosa News | SLV Wrestling Club places 16th in New Mexico

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Folded banknotes can be accepted for payments: BSP

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 ....

Greylen Lopez , Bangko Sentral , Sm Retail Stores , National Capital Region ,

Will folded P1,000 polymer banknote be accepted for payment?

The central bank and a shopping center issued a clarification on polymer banknotes amid the circulating advisory that folded ones will not be accepted as ....

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Folded banknotes can be accepted for payments: BSP

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 Lopez , Bangko Sentral , Sm Retail Stores , National Capital Region , Folded Banknotes The Bangko Sentral Ng Pilipinas Bsp Announced Monday Night July 11 , 022 That Folded Paper Or Polymer Banknotes Can Be Accepted For Payments This , Ftera Facebook Post Went Viral Over The Weekend Wherein User Claimed That Her 1 , 000 Piso Polymer Banknote Was Not Accepted For Payment Ina Major Retail Store Because It Slightly Folded Pna File Photo Manila Banknotes , Hether Paper Or Polymer , An Still Be Accepted For Payments , He Bangko Sentral Ng Pilipinas Bsp Said , Dvising The Public To Go Banks Check Authenticity Of Their Banknotes Ina Statement Monday Night , He 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 Banknotes , Uot It Said This , Ftera Certain Reylen Lopez Madea Facebook Post Over The Weekend And Claimed That Her Php1 , 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 , Eeping It Clean By Usinga Damp Cloth To Wipe Soiled Part , Nd Using It For Payments Of Goods And Services Instead Hoarding , Nd Selling Or Buying It Ata Higher Price Said The Same Policies Should Be Used In Handling Paper Banknotes Quot Guidelines Were Issued To Raise Public Awareness On Proper Use Of Polymer And Safeguard Their Integrity Prolong Lifespan , Uot It Added The Bsp Also Encouraged People To Go Banks Check Authenticity Of Their Banknotes If They Have Doubts About Quot Bank Will Then Refer Banknote For Examination , Uot It Said Sm Has Issueda Statement Regarding The Social Media Post On 1 , 000 Piso Polymer Note Quot We Would Like To Assure The Public That Folded Bank Notes Are Still Accepted In Our Sm Retail Stores Only Those Mutilated Stapled And Ripped Caused By Removal Of Staple Wire Will Be Deemed Unfit Not Policy Has Considered Guidelines Set Bangko Sentral Ng Pilipinas , Uot It Said The Bsp Initially Issued 10 Million Pieces Of 1 , 000 Piso Polymer Notes To Banks Last April And It Targets Issue 500 Million Pieces In Phases Until June 2023 Monetary Authorities Said The National Capital Region Ncr Are Required Have Their Automated Teller Machines Atms Fully Capable Service Banknotes By End 2022 While Those Outside 20 Next Year Pna ,