2024-04-06

CL-2024-017: Acceptance of folded polymer banknotes

The Bangko Sentral ng Pilipinas issued Circular Letter No. CL-2024-017 to instruct all supervised financial institutions to continue accepting folded polymer banknotes as legal tender. The regulator mandates that these institutions utilize provided multilingual informational materials across their communication platforms to correct public misconceptions regarding the validity of such notes. This requirement remains in effect until March 31, 2025, to ensure the continued circulation and acceptance of polymer currency.

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BANGKO SENTRAL NG PILIPINAS OFFICE OFTHE GO\iERNOR To Subject CIRCULAR LETTER NO. CL-2O24.OI7 All BSP-Supervised Financial Institutions tBSFls) Acceptance of folded polymer banknotes The Bangko Sentral ng Pilipinas (BSP) reiterates that folded polymer banknotes remain legaltender and should be accepted for payments and other fi nancial transactions. To help address the misconception that polymer banknotes lose their value when folded. the BSP encourages all BSFIs to promote the curencfs circulation by featuring the attached information materials (in English, Filipino, Cebuano, llonggo, and llocano) (see Annex A) in your communication platforms, such as websites, automated teller machine {ATM) screens, branches and offices, as well as social media accounts. We request that the materials be featured until 3t March 2C.25. For information and guidance. -tt lzl\ ( .// \rri q. ELI M. REMOLONA, JN. Governor $April2024

ATM Screen Display Download here: erATMr You may use any of the options. Option A Option B ANNEX A: Information materials on polymer banknotes l Long URL:https://www.bsp.gov.phlCoinso/o2Oand%2oNotes/Polymer/t-AtV-Screen-Display.zip Classification: G EN ERAL Page 2 of 13

Info sheets Download here: English Polymr bnknotE are sIm 2 Long URL: https://www.bsp.gov.phlCoinso/o2oand%2ONotes/Polymer2-lnfosheets.zip Classification : GEN ERAL Page 3 of 13

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  1. Posters Download here: https://bit.lylPolymerPoster 3 Note: Versions of the posters in other size dimensions were included. Option A 3 Lon g U R L: https://www. bsp.g ov.ph/Coi ns a nd Notes/Polymer/3_Poster.zi p Classification: GEN ERAL Page 8 of13

Social Media Posts Download here: Filipino Caption: Kahit pera'y may tupi, pwede pa rin itong ipambili! Bisitahin ang bit.lylPolymerPH para karagdagang impormasyon tungkol sa IOOO-Piso Polymer Banknote. More resources below. Fi I i pi no: htt ps://b it. l-v/Po lym er B roc h u re F i I i p i no E n g I ish: htt ps://b it. l-vlPo lyme r B roc h u re E n g I i sh a Long URL: https://www.bsp.gov.ph/Coinso/o2Oand%2ONotes/Polymer/4-social-Media-Posts.zip Classification: GEN ERAL Page 9 of 13

#Sm a rterClea nerStronger #PisoWith Benefits #Polyme r #BanknotesAndCoins Caption: Bisan ang kwarta may pilo, pwede guihapon ibakal! Bisitaha ang bit.ly/PolymerPH para sa dugang nga impormasyon nahanungod sa IOOO-Piso Polymer Banknote. More resources below. Fi I i pi no: https://b it. lylPo lyme r B roc h u re Fi I i p i no En g I ish: https://b it.ly/Po lyme r B roc h u re E n g I ish #Sma rterCleanerStronger #PisoWith Benefits #Polymer #BanknotesAndCoins Classification : GENERAL Page lO of 13

llocono Caption: Uray nakulpiti kuarta, mabalin latta nga igatang. Bisitaen ti bit.y/PolymerPH para iti ad-adu pay nga impormasion maipapan iti IOOO-Piso Polymer Banknote. More resources below. Fi I i pi no: https://bit.lylPolyme r B roc h u re Fi I i pi no Eng I ish: https://bit. lylPo lyme rBroch u re E n g I ish #Sma rterClea nerStronger #PisoWith Benefits #Polymer #BanknotesAndCoins Classification: GENERAL Page ll of 13

'il ' ,r' Cebuono Caption: Bisan ang kwarta naay pilo, pwede pa kini ibayad! Bisitaha ang bit.y/PolymerPH para sa dugang nga impormasyon bahin sa lOO0-Piso Polymer Banknote. More resources below. Fi I i pi no: https://b it.lylPo lyme r B roc h u re Fi I i p i n o E n g I ish: https://b it. lylPo lyme r B roc h u re E n g I ish #Sma rterClea nerStron ge r #PisoWith Be nefits #Polymer #BanknotesAndCoins 5. Video Down loa d h e re: https://b it. ly/Po lym e rAcce ptVi d s Note:Video may be posted on social media or played on electronic screens) s Long URL: https://www.bsp.oov.ph/coins%2Oand%2ONotes/polymer/BSP Polymer%2OAcceptanc e_Long%2OForm.zip Classification: G ENERAL Page 12 of 13

Caption: May tupi ang lOOO-Piso Polymer Banknote, pwede pa ba itong ipambayad? Ang sagot, OO! Pwedeng-pwede. lpinababatid ng Bangko Sentral ng Pilipinas (BSP) na may halaga ang may tupi na perang papel o polymer kaya dapat itong TANCCAPIN at CAMITIN. Bibigyang sagot ni Bank Officer V Nenette Malabrigo ng BSP Currency Policy and Integrity Department ang mga katanungan tungkol sa may tuping IOOO-Piso Polymer Banknote. Maaaring ipagbigay alam sa mga sumusunod ang mga establ isyi mento at pampu blikong sasakya ng tu mangg i ng ta nggapi n ang may tuping IOOO-Piso Polymer Banknote. . BSP e-mail: bspmail@bsp.gov.ph .DTI Hotline:1-384 E-mai l: Consu merCa re@dti.gov.ph .LTFRB Hotline:1342 Landline: 8529-7111 E-mai l: ochm@ltfrb.gov.ph Bisitahin ang mga sumusunod para sa karagdagang impormasyon tungkol sa IOOO-Piso Polymer Banknote: . Microsite: bit.y/PolymerPH . BSP public advisory: bit.lylPRbspAOT Sma rterClea nerStronger #PisoWith Benefits #Polymer #BanknotesAndCoins #Biqvan NqSaqotPlease #BSP Classification : GENERAL Page l3 of l3