Several of the features are also integrated into the GUARDIAN™ substrate, making them extremely difficult to replicate.
#1000 bank note serial#
Innovative security features to safeguard the new 1000-piso against counterfeiting include multiple transparent windows, luminescent imagery, tactile dots and serial numbers. It features the Philippine Eagle and the native flower Sampaguita on one side, and the Tubbataha Reefs Natural Park, South Sea Pearl and T’nalak weave design on the other. The note’s design is a celebration of local flora and fauna. CCL Secure supported the substrate design that helped bring the concept to realisation.ĬCL Secure Vice President and Managing Director, Neil Sanders, commented: “We’ve proudly worked in close collaboration with Note Printing Australia over the past year to help them realise the Banko Sentral ng Pilipina’s vision for their new polymer banknote.” NPA led the project from design through to production, demonstrating its expertise and creative capability. “As the sole issuer of Philippine currency, and in line with best practices of central banks worldwide, the BSP periodically updates the material, design, and security features of our banknotes to ensure that they promote public well-being, be durable enough for longer-term use and incorporate the latest technology to prevent counterfeiting,” Governor Diokno said.Ĭreating the bank’s first polymer note involved a close collaborative process with NPA’s designers to create a striking new banknote look which is modern, innovative and beautiful. This follows ongoing public health and safety concerns unfolding in the Philippines from the COVID-19 pandemic.
Working together for the central bank’s visionīPS Governor Benjamin Diokno cites the bank’s responsibility to provide cleaner, safer and more sustainable banknotes as reason for the shift to polymer. The new 1000-piso will be issued into circulation later this month. until 31 October 2038.įor further, up-to-date details on the changes affecting forint banknotes, please, visit the page entitled Banknotes and Coins on the MNB’s website ( ).Philippines launches first GUARDIAN™ polymer banknoteĬCL Secure has closely collaborated with Note Printing Australia (NPA) working with the Banko Sentral ng Pilipina (BSP) on its new GUARDIAN™ polymer banknote.
#1000 bank note free#
After the date of withdrawal, the old banknotes may be exchanged to legal tender of the same denomination, free of charge in every bank and post office for 3 years, and at the MNB’s retail cash office for 20 years, i.e. It should be noted that the old 1000-forint banknotes, which will have not been exchanged, will not lose their value after the date of withdrawal. Subsequently the MNB will withdraw them thus, only the upgraded 1000-forint banknotes may be used from 1 November 2018. Old 1000-forint banknotes, that are currently in circulation and were issued before 2017, can be used for payments until 31 October 2018. The upgraded 1000-forint banknote denominations will enter cash circulation gradually from 1 March 2018, their presence is expected to be widespread a few months later. In addition to their renewed appearance, the banknotes have been brought up-to-date with regards their security features. Budapest, 28 February 2018 - We may see the upgraded 1000-forint banknote denominations in cash payments from 1 March 2018.
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