BSP cautions against 20-piso and enhanced 5-piso coins sold online at higher markups
The Bangko Sentral ng Pilipinas (BSP) reminds the public that the 20-Piso and enhanced 5-Piso coins are still in circulation, and should not be bought at prices higher than their respective face value from online sellers. The 20-Piso New Generation Currency (NGC) coins and the enhanced 5-Piso coins have been in circulation since December 2019. As of end-February 2022,
By Staff Writer
The Bangko Sentral ng Pilipinas (BSP) reminds the public that the 20-Piso and enhanced 5-Piso coins are still in circulation, and should not be bought at prices higher than their respective face value from online sellers.
The 20-Piso New Generation Currency (NGC) coins and the enhanced 5-Piso coins have been in circulation since December 2019.
As of end-February 2022, 290.09 million pieces of 20-Piso NGC coins and 1.90 billion pieces of the enhanced 5-Piso coins are still in circulation.
The 20-Piso NGC and enhanced 5-Piso coins are legal tender and can be used as payments for goods and services at face value.
The BSP calls on the public’s cooperation in preserving the integrity of Philippine coins and banknotes.
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