How To Identify Real Philippine Money Value
How To Identify Real Philippine Money Coins
How To Identify Real Philippine Money

MANILA -- Monetary authorities called on the public to be wary of counterfeit banknotes, urging them to become familiar with the various security features of Philippine currency.

How To Identify Real Philippine Money Value

How to identify fake and authentic philippine money

In a statement on Tuesday, the Bangko Sentral ng Pilipinas (BSP) advised the public to 'carefully feel, look, tilt their banknotes to check the identifiable security features' and even provided a detailed illustration to distinguish real currency from well-made fakes.

'One easy way to determine if banknotes are genuine and not altered is by checking the watermark by viewing the banknote against the light from either side. The watermark in the blank space should be the same image as the portrait on the banknote and denominational value,' the BSP said.

Accepting fake money costs you real money. This unpleasant fact makes learning to spot fake money a critical skill, especially if you handle a lot of cash at work or in your day-to-day life. In this review, I will discuss everything you need to know about the new Philippine National ID, which is required by law.

How To Identify Real Philippine Money Coins

How To Identify Real Philippine Money

This is a special thread vertically embedded off center of the peso note. This is easily seen when the bill is viewed against the light. It appears as a broken line for Php 5, Php 10 and Php 20 bills and a straight line for Php 50, Php 100, Php 200, Php 500 and Php 1,000 bills. Is your money real or counterfeit? Here are some quick ways to test it. Take out your wallet now and check your money just in case. The 100 pesos denomination is also difficult to locate. As we have said before, any Philippine currency in perfect condition is going to command a nice premium. The guide below has all of the details. 1912 5 Pesos Philippine Bank Note. 1920 5 Pesos Philippine Bank Note. 1928 5 Pesos Philippine Bank Note. Genuine US currency, which is printed on a mix of cotton and linen, has a completely different feel than regular paper. If you have a $20 bill handy, let’s use it as an example.

The BSP further called on the public to report any information on currency counterfeiting to the nearest police station or law enforcement agency, for appropriate action, or contact the Currency Management Sector for assistance at Tel. Nos. 988-4833 and 926-5092. (PR)