BSP asks public to refrain from posting photos of 'faceless' banknotes on social media - News Summed Up

BSP asks public to refrain from posting photos of 'faceless' banknotes on social media


MANILA, Philippines — The Bangko Sentral ng Pilipinas on Saturday appealed to the public to refrain from acts that would cast doubt on the credibility of the country’s legal tender after pictures of “faceless” banknotes went viral on social media. “The BSP assures the public that it is, and has, always been committed to safeguarding the authenticity and genuineness of our currency and to protecting the public interest,” it added. On Sunday, a bank client posted a complaint on Facebook that she withdrew P100 bills that lacked several features of the banknote including the portrait of former President Manuel A. Roxas. READ: BSP: 'Faceless' bills caused by printing glitch“In the manufacturing and production process, there are cases when machine errors cause rare misprints. READ: BPI investigates viral ‘faceless’ moneyIn 2005, the BSP printed some 80 million P100 bills that misspelled the surname of President Arroyo as “Arrovo.”


Source: Philippine Star December 30, 2017 03:14 UTC



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