PDA

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Old style bank notes are being withdrawn this year and will no longer be legal tender as of 1st Jan 2016.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: