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Oct 26, 2022 · The Bangko Sentral ng Pilipinas (BSP) is now in the process of updating its circular regarding the legal tender limit for PHP20 coins, the highest coin denomination to date after its launch in 2019. This, as the central bank encourages the public to use coins to pay for goods and services. (Logo courtesy of BSP)
Sep 28, 2021 · ABS-CBN News. Published Sep 28, 2021 09:01 AM PHT. The P20 bill remains as legal tender, according to the Bangko Sentral ng Pilipinas. Photo: BSP. MANILA—The P20 banknote is still legal tender and can be used alongside the P20 coin for transactions, Bangko Sentral ng Pilipinas said Tuesday. The P20 bill will be gradually removed from ...
Sep 28, 2021 · September 28, 2021. The Bangko Sentral ng Pilipinas (BSP) assured the public that the P20 banknote remains legal tender and can still be used for day-to-day transactions nationwide. In a public ...
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Sep 28, 2021 · In its advisory on September 27, BSP attached a graphic of a text message saying that P20 banknotes can only be used until Dec. 31, 2021. “Please take note that all P20 paper bills should not be tender anymore before December 31, 2021. So please exchange with the bank soonest before year end,” the text message in the graphic read.
The new 20-Piso and enhanced 5-Piso NGC coins shall co-exist as legal tender with the currently-circulating 20-Piso NGC banknotes and round 5-Piso NGC coins, which will be removed from circulation through natural attrition. The BSP enjoins the public to properly use and recirculate our Philippine coins for their economic and cultural value.
Apr 20, 2022 · The new 20-peso and enhanced 5-peso coins co-exist as legal tender with the 20-peso banknote and the round 5-peso coins — the supplies of both of which will not be replenished. The BSP again ...
Sep 29, 2021 · September 29, 2021. 340. The Bangko Sentral ng Pilipinas (BSP) clarified on Tuesday that the 20-piso New Generation Currency (NGC) banknotes will not be demonetized and will continue to be legal currency. The central bank said in a statement that the banknotes remain as legal tender and can be used in everyday transactions alongside the 20-piso ...
