Thursday, April 07, 2011

Discovering Fake Money Bills


Money specialist Mr. Manansala of the Bangko Sentral ng Pilipinas is shown above explaining how to differentiate genuine Philippine peso bills from fake.


The Bangko Sentral ng Pilipinas (BSP) held a briefing on "The New Generation Philippine Banknotes" to acquaint the participants of the special features of the new Philippine peso bills of various denominations like the P20.00, P50.00, P100.00, P200.00, P500.00, and P1,000.00. The briefing was held on Thursday, April 7 at Mix ‘n Match Restaurant, Kalibo. It was attended by government and private sector representatives including the media.

In a combination of powerpoint presentation and lecture demonstration, the resource persons explained to the participants how to differentiate a genuine Philippine peso bills from that fake.

According to Mrs. Leonora S. Templonuevo, Deputy Director, BSP Kalibo the briefing is aimed to protect the integrity of the Philippine peso bills and to prevent cheating with the use of fake money bills.

The resource persons discussed and demonstrated how to identify a true Philippine Banknotes using seven ways. These are 1. Embossed Prints that feel rough to touch, 2. Serial Number composed of 1 or 2 prefix letters and 6 or 7 asymetric digits at the lower left, 3. Security Fibers - embedded on the paper at random, 4. Watermark shadow image of the portrait and the numeral seen at the blank space when viewed against the light, 5. See-through Mark seen in complete form when the note is viewed against the light, 6. Concealed Value super imposed on the smaller version portrait, and 7. Security Thread running verticlly accross the note. /MP

No comments: