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