BSP to cash handlers: Learn security features of peso bills

Inna Mejia, Jose Santino S. Bunachita, Victor Anthony V. Silva 01/23/2017

The Bangko Sentral ng Pilipinas (BSP) urged businessmen, vendors and cash handlers to learn how to tell fake bills from the genuine ones by familiarizing themselves with the security features of the Philippine currency. The New Generation…

COUNTERFEITER CAUGHT

Ador Vincent S. Mayol 01/21/2017

All it took was a computer and a printer in an internet café. Voilà! Fake peso bills were made. Unfortunately for the fake bill maker, policemen got him and seized from him P24,000 worth of fake bills…

‘If it’s smooth, it’s fake’

Victor Anthony V. Silva 01/21/2017

The Bangko Sentral ng Pilipinas (BSP) has constantly reminded the public to be vigilant on the proliferation of counterfeit money. Lawyer Leonides Sumbi, BSP Cebu regional director, said the public should be very careful, especially in dealing…

‘Exchange old bills before yearend’

Vanessa Claire Lucero 05/26/2015

Old banknotes no longer legal tender by Jan. 1, 2016 Central Bank officials yesterday reminded bankers and retailers that old banknotes may be used as payment only until December 31 this year. The old bills will no…

Energy execs grilled on Veco deposits

Doris C. Bongcac 07/10/2014

Cebu City councilors have taken the Visayan Electric Co. (Veco) to task for allegedly implementing a policy that requires electricity service applicants to pay a hefty deposit among other charges. Citing one complaint as an example, Councilor…

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