Philippine Consulate General in Honolulu, Hawaii > Philippine Consulate General in Honolulu, Hawaii >> Announcements

NEWS AND ANNOUNCEMENTS

24/02/2016: DEMONETIZATION SCHEDULE BY THE BANGKO SENTRAL NG PILIPINAS (BSP)

ANNOUNCEMENT

Please be informed that effective 1 January 2017, old Philippine banknotes will no longer have monetary value and will no longer be used for transactions. Only the new bank note series will remain as legal tender in the Philippines.

Demonetization is the process of removing the monetary value of a legal tender currency by the issuing authority (BSP).

For more information, please see the attached flyers from the BSP. Thank you.