BSP to Launch New Polymer Banknote Series in 2025

- Advertisement -

The Bangko Sentral ng Pilipinas (BSP) is preparing to launch the first Philippine Polymer (FPP) banknote series in the first quarter of 2025.

BSP announced that the new polymer banknotes will offer smarter, cleaner, and stronger security features compared to traditional paper currency.

- Advertisement -

The initial rollout will include denominations of P500, P100, and P50, excluding P200 due to low demand.

Despite the introduction of the FPP series, BSP emphasized that existing paper banknotes will remain in circulation.

In April 2022, BSP began circulating enhanced P1,000 polymer banknotes, which coexist with the traditional P1,000 notes.

BSP partnered with Note Printing Australia, a subsidiary of the Australian central bank, for the initial rollout of the modern polymer notes.

- Advertisement -

Latest

Mount Kanlaon Erupts, Triggers Ashfall in Negros – Phivolcs

The Philippine Institute of Volcanology and Seismology (Phivolcs) confirmed...

Philippines Urges Myanmar to Allow Search Team for Missing OFWs After 7.7 Quake

The Philippine government has formally requested Myanmar to permit...

DepEd Approves 30-Day Flexible Leave for Teachers This Summer

The Department of Education (DepEd) has announced a 30-day...

DSWD Chief Orders Probe into Alleged Exploitation of Mentally Challenged Individuals in Pasig Campaign

Department of Social Welfare and Development (DSWD) Secretary Rex...

China Coast Guard Vessel Blocks, Nearly Collides with PH Ship Near Zambales

A China Coast Guard (CCG) ship attempted to block...

Newsletter

DSWD Chief Orders Probe into Alleged Exploitation of Mentally Challenged Individuals in Pasig Campaign

Department of Social Welfare and Development (DSWD) Secretary Rex Gatchalian has ordered the immediate deployment of a fact-finding team to Pasig City following a...

Senator Imee Marcos Opens PRISAA Games 2025, Vows Support for Filipino Athletes

Senator Imee Marcos formally opened the 2025 National Private Schools Athletic Association (PRISAA) Games on Saturday, April 5, in Tuguegarao City, Cagayan. The opening ceremony...

DepEd Approves 30-Day Flexible Leave for Teachers This Summer

The Department of Education (DepEd) has announced a 30-day flexible vacation for teachers in a move to ease their workload and promote work-life balance. Education...