PHL peso bills to have more security features in 2020 —BSP

The new generation currency (NGC) banknotes will have more security features starting next year, Bangko Sentral ng Pilipinas (BSP) Governor Benjamin Diokno said Wednesday.

Two more security features will be added to the currency, Diokno said when the central bank launched NGC banknotes bearing his signature.

“Come first quarter of 2020, you can also expect the following security arrangements—upgraded window security thread with unique color and design per denomination, and anti-copy and anti-scanning features,” he said in a speech.

NGC banknotes will have tactile marks in consideration of the elderly and the visually impaired.

“The upgraded security thread and anti-copy and anti-scanning features will improve counterfeit deterrence,” he said.

“This is part of our commitment to promote broad and convenient access to high-quality financial services to the Filipino people,” he added.

Diokno stepped in as central bank governor last March.

The latest NGC banknotes bear the following features:

Embossed prints that feel rough to the touch, which can be felt in the signatures of the Philippine president and the BSP governor.

• Asymmetric serial number

• Embedded red and blue security fibers

• Watermark of the portrait with the corresponding value of denomination

• See-through mark of “PILIPINO” written in Baybayin

• Concealed value of the denomination becomes visible when rotated and tilted down

• Embedded thread across the note becomes visible when viewed against the light

“Rest assured that the Bangko Sentral will continue pursuing its mandate with the Filipino people always in mind,” Diokno said. —VDS, GMA News