BSP Warns Public Against Fake 150-Peso Banknote

MANILA, Philippines — The Bangko Sentral ng Pilipinas has issued a public warning regarding a fake 150-peso banknote featuring national hero Jose Rizal that is circulating online.

“The Bangko Sentral ng Pilipinas (BSP) informs the public that it has not released a 150-Piso denomination banknote featuring Dr. Jose Rizal. Images of the said banknote circulating on social media are fictitious.”


“The public is advised to always check the legitimacy of information found on social media and other channels regarding Philippine banknotes and coins,” it also said. To verify, visit the Notes and Coins section of the BSP’s official website,” it added.

The Central Bank also urged the public to report individuals producing or distributing counterfeit money to the BSP Payments and Currency Investigation Group at or by phone at +63-2-8988-4833 and +63-2-8926-5092.

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