View Full Version : Check your Peso's
SimonH
23rd May 2015, 09:46
Old style bank notes are being withdrawn this year and will no longer be legal tender as of 1st Jan 2016.
Might be worth checking your left over notes :smile:
http://www.abs-cbnnews.com/business/12/29/14/still-hanging-your-old-peso-bills-read
grahamw48
23rd May 2015, 10:14
Cheers Simon.
I'm sure people will be able to exchange them at banks in the Phils though..otherwise there'd be a blinkin riot. :Erm:
Doc Alan
23rd May 2015, 11:03
Have a(nother) look at this thread, #29 and #30 :xxgrinning--00xx3: :-
http://filipinaroses.com/showthread.php/54150-Philippines-coins-and-banknotes
# 29 in that thread states that the " New Design Series ", dating from 1985, are the " old " banknotes, to be fully demonetized on January 1 2017. The public may continue to use them up to December 31 this year ( 2015 ). For 2016 they may be exchanged at banks for the " New Generation Currency " series.
While these notes will have no purchasing value after this year, good ( uncirculated ) examples are already worth more than face value to collectors, especially the P 500 " Ninoy Aquino " note. "
SimonH
23rd May 2015, 11:09
Have a(nother) look at this thread, #29 and #30 :xxgrinning--00xx3: :-
http://filipinaroses.com/showthread.php/54150-Philippines-coins-and-banknotes
Thanks Doc, forgot about that :smile:
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