The Bangko Sentral ng Pilipinas (BSP) on Wednesday said it has launched enhanced banknotes to incorporate inclusivity and additional security features.
In a statement, the central bank said the improved banknotes are more responsive to the needs of the elderly and visually-impaired, and feature the latest anti-counterfeiting technology.
The BSP said the new banknotes now feature short horizontal lines that can be touched and felt at its right side. One pair of lines will be in the 50-peso banknote, two pairs for the 100-pesos, three for the P200, four for P500 and five for P1,000 bills.
The added features are seen to assist the elderly and the visually-impaired identify the banknotes and distinguish one denomination from another.
For P500 and P1,000 bills, the central bank said a roller bar effect on the value panels and color-shifting in the optically variable ink were also added to make it more difficult to counterfeit.
Indigenous Filipino weaves were also added on the windowed security threat of P100, P200, P500 and P1,000 banknotes to highlight the country’s rich culture.
The banknotes without the enhanced features will remain legal tender and shall co-exist with the abovementioned enhanced banknotes, the central bank added.