BSP warns: P10,000-bill is fake
MANILA, Philippines – If you have seen on the internet image of a P10,000-bill, don’t believe it, it’s fake, the Bangko Sentral ng Pilipinas (BSP) said on Saturday, June 23.
“The Bangko Sentral ng Pilipinas (BSP) has not produced and has not issued a 10,000-Piso New Generation Currency (NGC) banknote,” the BSP said in a statement on Saturday.
While the BSP did release NGC banknotes that are already in circulation, the bank notes are of P1,000; P500; P200; P100; P50 and P20 denominations only.
Photos spread on social media of an alleged P10,000-banknote that looks and has the the same in color as the P1,000-bill.
The BSP said anyone who receives or catches the use of the fake P10,000-banknote should report it to the nearest police station or the National Bureau of Investigation “for appropriate filing of criminal complaint against those persons involved.”
“The forgery of Philippine banknotes as well as the use or possession of forged banknotes are punishable under the law,” the BSP said.
It added, “The BSP enjoins the cooperation of the public in preserving the integrity of Philippine currency through sharing of verified and truthful information.” – Rappler.com
In these changing times, courage and clarity become even more important.
Take discussions to the next level with Rappler PLUS — your platform for deeper insights, closer collaboration, and meaningful action.
Sign up today and access exclusive content, events, and workshops curated especially for those who crave clarity and collaboration in an intelligent, action-oriented community.
As an added bonus, we’re also giving a free 1-year Booky Prime membership for the next 200 subscribers.
You can also support Rappler without a PLUS membership. Help us stay free and independent by making a donation: https://www.rappler.com/crowdfunding. Every contribution counts.