By: Erwin Mabugat
Counterfeiting is rampant.
That is why the Bangko Sentral ng Pilipinas has released the special security features on the New Generation Currency to warn the public for a possible circulation of fake Philippine Banknotes in the country.
Dorimae Canezo, a research specialist of BSP Bacolod, discussed the design highlights of the New Philippine Banknotes last May 5, at the SP Session Hall in Cadiz City.
Canezo has stressed that these security features on the new peso currency will ‘help the public recognize the genuine Philippine currency and guard against counterfeits.’ “Each banknote has distinct security features,” she added.
The 20 to 100 Peso Banknotes bear the following features: 1. Embossed Prints, 2. Serial Number, 3. Security Fibers, 4. WaterMark, 5. See-Through Mark, 6. Concealed Value, and 7. Security Thread.
However, the 500 Peso Banknote, aside from the features 1 to 7, has Optically Variable Device. And the 1000 Peso Banknote has both Optically Variable Device and Ink.
EMBOSSED PRINTS: ALL NOTES
Raised prints that feel rough to the touch, i.e. the words ‘REPUBLIKA NG PILIPINAS’ and ‘LIMANDAANG PISO’, portraits, signatures, value panels on the face of the note.
SERIAL NUMBER: ALL NOTES
Composed of 1 or 2 prefix letters and 6 asymmetric (increasing in size) digits located at the lower left and upper right corners of the face of the note.
SECURITY FIBERS: ALL NOTES
Red and blue visible fibers embedded on the paper at random and glow in two colors under ultraviolet light.
WATERMARK: ALL NOTES
A shadow image of the portrait and the numeral ’20-1000’ seen at the blank space of the note when viewed against the light from either side of the note.
SEE-THROUGH MARK: ALL NOTES
The word ‘PILIPINO’ written in Baybayin (pre-Spanish Philippine writing system) is seen in complete form when the note is viewed against the light.
CONCEALED VALUE: ALL NOTES
The denominational value superimposed on the smaller version portrait at the upper left side of the note becomes obvious when the note is rotated 45* and tilted down.
SECURITY THREAD
20-50
An embedded thread running vertically across the note is visible from either side of the note when viewed against the light.
100 – 500
A stitch-like metallic thread running vertically across the note changes color from red to green. The front of the thread bears the alphanumeric ‘BSP500’ in clear text while the back is imprinted with ‘BSP’, both in repeated series.
OPTICALLY VARIABLE DEVICE: 500 & 1000
A reflective foil that bears the image of the Blue-naped Parrot and a small BSP logo. The color of the parrot changes from red to green when the note is rotated at 90*.
OPTICALLY VARIABLE INK: 1000
Embossed ‘1000’ denominational value at the lower right corner of the face of the note changes color from green to blue when viewed at different angles.
IMPORTANT: ALL NOTES
The notes are signed by President Benigno S. Aquino III and BSP Governor Armando M. Tetangco, Jr. The serial number does not have 1 and 0.
Old banknotes are no longer considered as legal tender in 2013. One can exchange his old notes with the banks until the end of 2012./*
Ref: BSP-The New Generation Philippine Banknotes
Credits: Media Bureau
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