Folded Polymer Banknotes

Folded 1,000-peso bills are acceptable as payment



The Bangko Sentral ng Pilipinas (BSP) reminds the public that folded banknotes, whether polymer or paper, can be circulated and accepted as payment for day-to-day transactions.

While the BSP had previously issued guidelines on proper handling of polymer banknotes, it is important to note that such guidelines apply to both paper and polymer banknotes and were intended to raise public awareness on the proper use of banknotes to safeguard their integrity and to prolong their lifespan.