Follow us for updates
© 2022 reportr.world
Read the Story →

New Peso Bills: How to Handle, Clean Polymer Banknotes

They're not paper-based.
by Clara Rosales
Jun 14, 2022
Photo/s: Bangko Sentral ng Pilipinas
Shares

The Philippines' newest polymer banknotes come with extra tactile and security features to improve overall use and prevent scammers from faking money.

Here's how to properly handle your notes to keep them strong, clean, and clear for all transactions, according to the Bangko Sentral ng Pilipinas.

MORE ON MONEY: Think You Got a Fake P1,000 Bill? Here's How to Check If It's Legit

Keep them flat

Slide your banknotes into wallets that fit them properly. If creased or crumbled, apply pressure to flatten them with your hand. 

Keep them clean

Soiled or dirty banknotes may be gently cleaned with a slightly damp cloth. Alcohol-based sanitizers also work on banknotes, but be sure to wipe them dry immediately after with a towel or cloth.

Use your banknotes

Money is meant to be used. Don't hoard them, instead use them as payment for goods or services. Selling banknotes at higher prices is a violation.

ADVERTISEMENT - CONTINUE READING BELOW ↓

Do not deface them

Do not mark, write on, or deface the banknotes.

Avoid excessive folding

Doing so can result in permanent fold marks or damage to the banknote.

Do not poke holes, cut, or tear banknotes

Establishments and providers may refuse to accept heavily damaged banknotes.

No staples

Do not use a stapler to keep banknotes together. For thick stacks, use rubber bands instead.

Keep the windows clear

Do not damage the clear windows on the polymer banknotes, metallic features, and other security features. More than just aesthetic, they ensure that banknotes are hard to dupe.

Do not place them over an open flame

Keep banknotes away from direct fire, open flame, or high temperatures. Burning money on TikTok might be cool, but the BSP has cautioned against it as it is a violation.

Do not iron them

To straighten them, use pressure from your hands.

Avoid strong chemicals

Strong chemicals like muriatic acid and bleach can cause permanent damage to the note, rendering it void.

ADVERTISEMENT - CONTINUE READING BELOW ↓
Recommended Videos

Reportr is now on Quento. Download the app or visit the Quento website for more articles and videos from Reportr and your favorite websites.

Latest Headlines
Read Next
Recent News
The news. So what? Subscribe to the newsletter that explains what the news means for you.
The email address you entered is invalid.
Thank you for signing up to On Three, reportr's weekly newsletter delivered to your mailbox three times a week. Only the latest, most useful and most insightful reads.
By signing up to reportr.world newsletter, you agree to our Terms of Service and Privacy Policy.