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BSP warns public vs non-existing P10,000 bill

By: - Reporter / @FMOrellanaINQ
/ 12:52 PM June 23, 2018

Source: BPS Facebook page

The Bangko Sentral ng Pilipinas (BSP) warned the public that it has not issued any P10,000 banknote series, a photo of which was recently seen circulating the social media.

The BSP clarified that such P10,000 bill does not exist.

The BSP said it has not produced and issued a 10,000-Piso NGC banknote, saying only six kinds of banknotes were released in its New Generation Currency Banknote Series—P1000, P500, P200, P100, P50, and P20.

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“The BSP has not produced and issued a 10,000-Piso NGC banknote,” the BSP said in its advisory late Friday night.

“The forgery of Philippine banknotes as well as the use or possessions of forged banknotes are punishable under the law,” it stressed.

The BSP also urged the public to report to the police or the National Bureau of Investigation any instance of forgery, use, or possession of the “fictitious 10,000-Piso Banknote” /jpv

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TAGS: BSP, currency, fake banknotes, Social Media
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