BSP warns public against fake P10-K banknote

BSP warns public against fake P10-K banknoteBSP warns public against fake P10-K banknote

The Bangko Sentral ng Pilipinas (BSP) has warned the public against the proliferation

of a fictitious P10,000 New Generation Currency (NGC) banknote.

“The BSP has not produced and issued a 10,000-Peso NGC banknote,” the central bank

said in an advisory posted on its Facebook page.

BSP Advisory on Fictitious 10,000-Piso Banknote

The Bangko Sentral ng Pilipinas (BSP) advises the public that the New Generation Currency

(NGC) Banknote Series currently in circulation is comprised of six (6) denominations only,

as follows: 1000-, 500-, 200-, 100-, 50- and 20-Piso banknotes. The BSP has not produced

and has not issued a 10,000-Piso NGC banknote.

The fabrication of Philippine banknotes and in addition the utilization or ownership of fashion

banknotes are culpable under the law.

We encourage people in general to report instantly to the closest Police Station or National

Bureau of Investigation the falsification of Philippine banknote as well as utilize or ownership

of fashioned banknote, for proper recording of criminal objection against those people included.

Philippine money through share

The BSP orders the collaboration of general society in protecting the trustworthiness of

Philippine money through sharing of checked and honest data.

It said there are just six sections of the NGC banknote presently available for use: P1,000,

P500, P200, P100, P50, and P20.

Besides we encourage the general population to report instantly to the closest police headquarters or National Bureau of Investigation the fraud of Philippine banknote or potentially utilize or ownership of fashioned banknote, for suitable documenting of criminal protestation against those people included,” the BSP expressed.

The phony of Philippine banknotes and also the utilization or ownership of fashioned banknotes are culpable under the law, the BSP said.

“The BSP urges the participation of the general population in saving the trustworthiness of Philippine money through sharing of checked and honest data,” it included.

BSP cautions open versus non-existing P10,000 charge

Hence Bangko Sentral ng Pilipinas (BSP) cautioned general society that it has not issued any P10,000 banknote arrangement, a photograph of which was as of late observed circling the internet based life.

The BSP cleared up that such P10,000 charge does not exist.

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

Meanwhile BSP has not delivered and issued a 10,000-Piso NGC banknote,” the BSP said in its warning late Friday night.

“The imitation of Philippine banknotes and in addition the utilization or belonging of produced banknotes are culpable under the law,” it focused.

The BSP additionally encouraged the general population to answer to the police or the National Bureau of Investigation any occasion of falsification, utilize, or ownership of the “invented 10,000-Piso Banknote”

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