THE Bangko Sentral ng Pilipinas (BSP) on Tuesday warned the public that improper handling of Philippine currency was punishable by fine and/or imprisonment.

In a statement, the central bank advised that the willful defacement, mutilation, tearing, burning or destruction of Philippine banknotes and coins were punishable by a fine of not more than P20,000 and/or imprisonment of not more than five years under Presidential Decree 247.

Premium + Digital Edition

Ad-free access


P 80 per month
(billed annually at P 960)
  • Unlimited ad-free access to website articles
  • Limited offer: Subscribe today and get digital edition access for free (accessible with up to 3 devices)

TRY FREE FOR 14 DAYS
See details
See details