BSP: P150 banknote is fictitious

The Bangko Sentral ng Pilipinas (BSP) said Thursday it did not release a banknote new design or denomination.

BSP's advisory came after images of a supposed P150 banknote featuring Dr. Jose Rizal circulated online.

“Images of the said banknote circulating on social media are fictitious,” the central bank said.

Thus, the BSP advised the public to always check the legitimacy of information found on social media and other channels regarding Philippine banknotes and coins.

“To verify, visit the Notes and Coins section of the BSP’s official website www.bsp.gov.ph,” it said.

“The central bank encourages the public to report persons involved in the manufacture and/or distribution of counterfeit Philippine currency to the BSP Payments and Currency Investigation Group at email address pcig@bsp.gov.ph or through telephone numbers +63-2-8988-4833 and +63-2-8926-5092,” it added. —LBG, GMA Integrated News