The Bangko Sentral ng Pilipinas (BSP) upgraded the country’s banknotes to make them “more responsive to the needs of the elderly and the visually impaired.”
The BSP said in a statement on Wednesday, July 29, that it “enhanced” the New Generation Currency (NGC) Banknote Series, which was first issued in December 2010.
“Short horizontal lines that may be touched and felt at the right side of the banknotes” were added to the following bills:
- P50 bill – 1 pair of lines
- P100 bill – 2 pairs of lines
- P200 bill – 3 pairs of lines
- P500 bill – 4 pairs of lines
- P1,000 bill – 5 pairs of lines
“This is seen to assist the elderly and the visually impaired identify banknotes and distinguish one denomination from another,” the BSP said.
Aside from that, the P500 and P1,000 bills are now “more difficult to counterfeit” due to new features.
“The security features…were strengthened by adding a roller bar effect on the value panels and color-shifting in the Optically Variable Ink,” the BSP said.
The P100, P200, P500, and P1,000 bills also “highlight the country’s rich culture by featuring indigenous Filipino weaves on the windowed security thread.”
The existing NGC banknotes will remain legal tender along with the enhanced bills. – Rappler.com