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Dec 11, 2021 · The New P1,000 Note Has Embarrassing Errors. No proofreaders in the BSP? Dec 11, 2021. IMAGE Bangko Sentral ng Pilipinas. There is an error in the flashy new P1,000-banknote featuring the Philippine eagle.
Dec 11, 2021 · Zarate found the two errors referring to the image of the Philippine eagle as “quite embarrassing” and should be corrected immediately by the BSP. If indeed found to be glaring errors, the BSP will be left with no other recourse but to recall the P1,000 bills already released to the public.
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Oct 14, 2023 · Step-by-Step Guide to Recognizing Fake Money. Identifying Key Security Features. Examining the Texture and Feel of the Bill. Analyzing the Watermark and Security Thread. Common Types of Counterfeit Money in the Philippines. Fake 1000 Pesos Bills. Counterfeit 500 Pesos Bills. Spotting Fake 200 Pesos Bills.
- Security Features of Philippine Currency
- Watermark
- Security Thread
- See-Through Register
- Optically Variable Ink
- Serial Number
- Embossed Prints
- In Conclusion
The security features of the Philippine currency are designed to ensure the protection of each individual’s money. High-tech materials, such as holograms, optically variable magnetic images, and color-shifting ink have been incorporated into the latest banknote. New notes contain low visibility embedded fibers that can only be seen when held up to ...
The watermark feature is an important aspect of Philippine currency. It is a highly technical security measure which makes it difficult to counterfeit money. All denominations of Philippine banknotes include a portrait watermark of the country. This custom designed portrait is enlarged and repeated across the entire surface of each banknote. The wa...
This Security Thread runs diagonally across the bills and is specially designed to be difficult to counterfeit. Upon closer examination, the thread appears as a colored line which shows upon specific lighting angles. Additionally, when held against the light, a numeral, alphabetical characters or symbols can be seen within the thread. These identif...
One of the more impressive security features of Philippine currency is the see-through register. It allows for the portrait, logo, and denomination to be clearly seen when the note is held up to the light. This feature helps authenticate the currency due to its intricate design, as a counterfeiter would have difficulty reproducing this effect. The ...
Optically Variable Ink is a security feature present in Philippine currency. It changes color according to the angle it is viewed from, exhibiting different colors when tilted. The ink is applied to the faces and serial numbers of the banknotes, enhancing their counterfeiting resistance. OVI ink is made up of host pigment particles, which are micro...
The serial number feature of Philippine currency is designed as an important security tool. Each banknote has a unique identifying code which is printed in black ink at the lower left and lower right corners. The serial numbers are made up of numerical characters arranged in ascending order from left to right. A significant feature of the serial nu...
The embossed print feature of Philippine currency is a security feature which makes it difficult to replicate notes. It is created with a raised pattern on the surface making each single denomination easily distinguishable when felt by hand. This embossed print is also referred to as intaglio and is part of the secondary security features for paper...
Philippine currency is an important part of its economy and security features help ensure its authenticity. Armed with the knowledge of spots to check for counterfeits, one can easily spot fake bills in circulation. Paying attention to security features when handling money makes sure that our Pesos are not devalued and we are protected. It is impor...
Jan 20, 2023 · Bangko Sentral ng Pilipinas (BSP) branded as fake a P500 banknote featuring a tarsier and a P150 bill featuring a portrait of Jose Rizal. The P100 coin and P5,000 banknote in the questionable posts are commemorative currencies, BSP added.
Jan 10, 2023 · Published Jan 10, 2023. PHOTO BY JonAthan De Vera/Facebook. (SPOT.ph) Communications and accounts specialist Jonathan de Vera said he accidentally shrunk a P1,000 polymer bill while ironing his jeans. That's hard-earned money allotted for his college tuition down the drain.
Sep 9, 2021 · Money. BSP issues tips in determining fake from authentic banknotes. By TED CORDERO, GMA News. Published September 9, 2021 11:35am. The Bangko Sentral ng Pilipinas on Thursday called on the public to be attentive to counterfeit banknotes, giving tips on how to spot the security features of the Philippine currency.
