Central bank warns public vs fake P10,000 banknote
MANILA, Philippines — The Bangko Sentral ng Pilipinas has warned the public against fictitious P10,000 bills.
In an advisory, the central bank said the New Generation Currency Banknote Series currently in circulation is comprised of six denominations only: P1,000, P500, P200, P100, P50 and P20 banknotes.
The BSP added that it has not produced a P10,000 NGC banknote.
“The forgery of Philippine banknotes as well as the use or possession of forged banknotes are punishable under the law,” the central bank said.
“We advise the public to report immediately to the nearest Police Station or National Bureau of Investigation the forgery of Philippine banknote and/or use or possession of forged banknote, for appropriate filing of criminal complaint against those persons involved,” it added. — Ian Nicolas Cigaral
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