P150 banknote is fake — BSP

MANILA, Philippines — The Bangko Sentral ng Pilipinas (BSP) on Thursday warned the public that images of P150 bills circulating online and bearing the image of Dr. Jose P. Rizal are fake and not legal tender.

“The Bangko Sentral ng Pilipinas (BSP) informs the public that it has not released a P150 denomination banknote featuring Dr. Jose Rizal. Images of the said banknote circulating on social media are fictitious,” the BSP said in a statement.

The BSP urges the public to check the veracity of coins and bills through the Notes and Coins section of its  official website.

Persons involved in the manufacture and distribution of counterfeit Philippine currency could be reported to the BSP Payments and Currency Investigation Group at their email address pcig@bsp.gov.ph or through telephone numbers +63-2-8988-4833 and +63-2-8926-5092.—(with Mae Anne F. Bilolo, INQUIRER.net trainee)

Read more...