BSP, nagbigay ng tips kung paano malalaman kung peke ang pera na laganap umano kapag holiday season

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BSP, nagbigay ng tips kung paano malalaman kung peke ang pera na laganap umano kapag holiday season
Transcript
00:00 How can we know if the 1000 polymer banknote you're holding is genuine or fake?
00:06 Let's find out some tips from Sue Jinkim.
00:10 The commerce is active and the money is circulating fast this Christmas.
00:16 So the authorities are worried that it might be a trap.
00:21 And the money earned is being paid and used.
00:26 Our plan is that the police are going around and announcing that we should be careful
00:33 with the money we can pay for, especially this Christmas.
00:39 The Philippine Central Bank reminds us to pay the money properly.
00:45 There are three series of money circulating in the country.
00:48 The New Generation Currency or NGC issued by the Central Bank in 2010.
00:53 The Enhanced New Generation Currency or ENGC issued in 2020.
00:59 And the last one is the 1000 Pesos polymer banknote.
01:03 According to the BSP, to know if the money you're holding is genuine,
01:07 it is used by the Feel, Look and Tilt method or FLT.
01:11 The genuine money is more expensive when it is printed than the fake one.
01:16 The printed money is embossed or printed.
01:19 Some of the embossed money are the words "Republic of the Philippines".
01:24 Some designs are like eagle and eagle's wings.
01:28 In the Look method, you can see the watermark on the money or the shadow of the portrait on the side.
01:33 The difference with the NGC or ENGC is that there are enhancements that are added to the ENGC
01:41 like this tactile marks.
01:44 The tactile marks are the pair or pairs of short horizontal lines.
01:52 It denotes the denomination and at the same time, it is one of the security features
01:58 which can be felt by our fingers.
02:02 Another enhancement or another security feature to enhance the ENGC
02:07 is the window security thread in the OVD patch or the Optically Variable Ink.
02:14 In the advisory issued by the BSP, the security features of the new P1,000 bill were highlighted.
02:21 Including the use of the polymer substrate material of the money,
02:25 the tilt of its enhanced value panel,
02:28 and the viewing of other features like the serial number, shadow thread, and others.
02:33 In the Look method, what should we look at in the NGC?
02:38 There is here a blank space.
02:41 Or we can say that it is white, there is nothing printed.
02:45 But if we look at the light, we can see the image of the people who are imprinted here.
02:57 For the tilt method, when the window security threads are latticed,
03:01 the color should change from red to green and green to blue.
03:06 What is the tilt method?
03:10 It is like the bar is rolling.
03:12 That is why we call it the rolling bar effect.
03:16 It is like it is rolling, there is a line that is rolling.
03:20 According to the BSP, the payment of money is related to the punishment.
03:25 And when it is time to receive or hold counterfeit money,
03:28 it should be brought to the nearest bank or police station.
03:32 BSP provides Know Your Money or KYM training.
03:36 Now that it is Christmas, we have a lot of cash transactions.
03:41 We are reminding our countrymen to check the banknotes that you are receiving.
03:53 If you are happy, you might think that you have 1,000 pesos, but that is fake.
03:59 We should check the money that we are holding and at the same time,
04:04 we should use it for the transaction.
04:07 We should not just accept and hide.
04:10 If you experience something like this, call us.
04:14 Even though we are alert to this kind of situation.
04:20 question.

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