MODULE 2 | Paper Bills and Counterfeiting

• Production of Currency

  Philippine coins and banknotes are mostly produced in the BSP Security Plant Complex (SPC). Over the past four decades, the SPC has become a world-class producer of quality coins and notes. It has overseen the design, production and issuance of four generations of legal tender Philippine currency.
• The Bangko Sentral ng Pilipinas (BSP), as the sole issuer of the Philippine currency, adopts a Clean Note and Coin Policy for the effective removal of unfit currency in circulation, as a means to maintain the integrity of Philippine banknotes and coins.
• New Generation Currency

  The NGC banknotes, denominated in 20-Piso, 50-Piso, 100-Piso, 200-Piso, 500-Piso, and 1000-Piso, contain upgraded security features as well as fresh design elements.
• The New Generation Currency banknotes were issued in circulation in 2010.
• The enhance NGC banknotes were issued in 2020 (except the 20-Piso) to incorporate additional tactile marks for better recognition by the visually-impaired, improved security threads, and other enhanced security features.
• Enhance 1000-Piso

  A) Enhanced

  B) Tactile Mark

  C) Windowed Security Thread

  D) Optically Variable Ink

  
• Enhanced 500-Piso

  A) Enhanced Value Panel

  B) Tactile Mark

  C) Optically Variable Ink

  D) Windowed Security Thread

  
• Enhanced 200-Piso

  A) Tactile Mark

  B) Windowed Security Thread

  
• Enhanced 100-Piso

  A) Tactile Mark

  B) Windowed Security Thread

  
• Enhanced 50-Piso

  A) Tactile Mark

  B) Embedded Security Thread

  
• Security Features

  PAPER, THE PRINT QUALITY AND THE RAISED PRINT

  • printed on special paper giving them their unique feel
  • printed lines and colors are sharp, distinct, and free from smudges
  • you can feel raised prints in areas such as the words "REPUBLIKA NG PILIPINAS" and denomination in words, portrait, signatures, and lower right value panel on the face of the note
• Security Features

  SERIAL NUMBER

  • 1 to 2 prefix letters
  • 6 to 7 asymmetric digits
  • located at the lower left and upper right corners on the obverse side of the note
• Security Features

  SECURITY FIBERS

  • red and blue visible fibers
  • embedded randomly
• Security Features

  WATERMARK

  • shadow image of the portrait and the denominational value
• Security Features

  SEE-THROUGH MARK

  • the word "PILIPINO" written in Baybayin (pre-Spanish Philippine alphabet) is seen only in complete form when the note is viewed against the light
• Security Features

  CONCEALED VALUE

  • denominational value superimposed on the smaller version portrait
  • visible when rotated 45 degrees and tilted downwards
• Security Features

  SECURITY THREAD

  • For 20- and 50-Piso, an embedded security thread (EST) running vertically across the note is seen from either side when viewed against the light
  • For 100-, 200-, 500-, and 1000-Piso, a windowed security thread (WST) running vertically across the note, which shows movements of designs and color when viewed at different angles. This thread adopts an indigenous weave design and bears the alphanumeric denominational value and "BSP" text repeated series.
• Security Features

  OPTICALLY VARIABLE DEVICE (OVD) PATCH

  • present only on 1000-Piso Bill
  • reflective foil bearing the image of South Sea Pearl inside an oyster and a small BSP Logo
  • when rotated 90 degrees, red oyster becomes green while the green background becomes red, and vice versa
• Security Features

  OPTICALLY VARIABLE INK (OVI)

  • For 1000-Piso, the embossed "1000" denominational value at the lower right corner of the obverse side changes color from green to magenta.
  • For 500-Piso, a mark with stylized Philippine flag design changes color from gold to green when viewed at different angles.
• Security Features

  TACTILE MARKS

  • pairs of short horizontal lines
  • located at the extreme right and left sides
• Security Features

  ENHANCED VALUE PANEL

  • rolling-bar effect when tilted from left to right
  • present only on 1000- and 500-Piso value panel at the upper left corner
• Security Features

  Look, Feel, and Tilt

  A) Security Paper

  B) Embossed Print

  C) Tactile Marks

  D) Watermark

  E) Security Fiber

  F) Asymmetrical Serial Number

  G) See-through Mark

  H) Security Thread

  I) Concealed Value

  J) Optically Variable Ink

  K) Optically Variable Device Patch

  L) Enhanced Value Panel

  
• NGC 1000-Peso Bill Features

  • Portrait: Jose Abad Santos, Josefa Llanes Escoda, Vicente Lim
  • Weave Design: T'nalak
  • EVP: green to blue
  • OVI: green to magenta
  • Tactile Mark: 5 pairs
  • Animal: South Sea Pearl (Pinctada Maxima)
  • Landmark: Tubbataha Reefs Natural Park
• NGC 500-Peso Bill Features

  • Portrait: Corazon C. Aquino, Benigno S. Aquino Jr.
  • Weave Design: woven cloth from Southern Philippines
  • EVP: gold to jade
  • Tactile Marks: 4 pairs
  • Animal: Blue-naped Parrot (Tanygnathus lucionensis)
  • Landmark: Puerto Princesa Subterranean River National Park
• NGC 200-Peso Bill Features

  • Portrait: Diosdado P. Macapagal
  • Weave Design: Yakan
  • Tactile Marks: 3 pairs
  • Animal: Tarsier (Tarsius Syrichta)
  • Landmark: Chocolate Hills
• NGC 100-Peso Bill Features

  • Portrait: Manuel A. Roxas
  • Weave Design: indigenous weave design from Bicol region
  • Tactile Marks: 2 pairs
  • Animal: Whale Shark (Rhincodon Typus) [tag: Butanding]
  • Landmark: Mayon Volcano
• NGC 50-Peso Bill Features

  • Portrait: Sergio Osmena
  • Weave Design: embroidery design handcrafted in Batangas
  • Tactile Marks: 1 pair
  • Animal: Giant Trevally [tag: Maliputo]
  • Landmark: Taal Lake
• NGC 20-Peso Bill Features

  • Portrait: Manuel L. Quezon
  • Weave Design: Cordilleran Pattern Design
  • Animal: Palm Civet (Paradoxurus hemaphroditus philippinensis)
  • Landmark: Banaue Rice Terraces
• The NGC 20-Peso Bill has no tactile marks.
• 20-Piso NGC Coin

  Obverse Side

  A) Manuel L. Quezon

  B) embossed text

  C) microdots

  D) year mark

  E) embossed denominational value

  F) microtext

  G) mint mark

  
• 20-Piso NGC Coin

  Reverse Side

  A) Nilad Flower

  B) microdots

  C) BSP logo

  D) Malacanan Palace

  E) microtext

  
• 10-Piso NGC Coin

  Obverse Side

  A) Apolinario Mabini

  B) embossed text

  C) year mark

  D) denominational value

  E) microtext

  F) mint mark

  
• 10-Piso NGC Coin

  Reverse Side

  A) Kapa-Kapa Flower

  B) microdots

  C) BSP logo

  D) microtext

  
• 5-Piso NGC Coin

  A) Andres Bonifacio

  B) embossed text

  C) year mark

  D) denominational value

  E) BSP logo

  F) microtext

  G) Tayabak Flower

  H) microtext

  I) mint mark

  
• 1-Piso NGC Coin

  A) Jose Rizal

  B) embossed text

  C) year mark

  D) denominational value

  E) BSP logo

  F) Waling-waling flower

  G) mint mark

  
• Sentimo NGC Coins

  A) sun and three stars

  B) embossed text

  C) denominational value

  D) year mark

  E) mint mark

  F) BSP logo

  G) Mangkono

  H) Kapal-kapal baging

  I) katmon

  
• Security Features


  These are the characteristics present in the paper bills in order to ascertain their genuineness.
• Fluorophosporescent Features


  A security feature that can only be recognized by professional cash handlers or bank tellers with the use of specialized tools
• Fake Bills


  counterfeit money; bills that are not genuine but were made to look exactly like genuine ones to deceive people
• Counterfeiting


  the act of imitating or copying the currency and making it appear genuine with intent to deceive