BSP: “Necessary Corrections” Made On New Design For P1,000 Banknote

BSP on the new design for P1,000 banknote: “Necessary corrections have already been made.”

BSP — On Sunday, the Bangko Sentral ng Pilipinas said that the “necessary corrections” have been made on the new design for the P1,000 banknote.

BSP P1000 BANKNOTE NEW DESIGN
Photo: BSP

The central bank said that it had corrected the spelling and formatting of the scientific name of the Philippine eagle seen on the circulated photo of what it said was a sample of the new design for the P1,000 banknote.

In a statement, the central bank said that the photo of the new P1,000 banknote, which contained errors, wasn’t yet the bill’s final design. It added that “necessary corrections” have already been made — including the spelling and italicizing of the Philippine eagle’s scientific name.

The BSP clarifies that the recently circulated photo of the new banknote was of a sample previously sent to the BSP for review,” the BSP said. “Necessary corrections have already been made, including the spelling and italicizing of the scientific name of the Philippine eagle.

BSP’s statement came after Bayan Muna Representative Carlos Zarate and some social media users pointed out errors in the P1,000 banknote’s new design.

READ ALSO: Zarate Encourages BSP To Correct “Errors” In New Design For P1,000 Banknote

Aside from errors, the new design for the P1,000 banknote was also criticized for removing World War 2 heroes Vicente Lim, José Abad Santos, and Josefa Llanes Escoda in the design.

In a tweet, Senator Nancy Binay said that martyrs and heroes were “no longer worth our money”.

Aalisin yung mga bayani para sa eagle? Sadly, it is like saying that our martyrs and heroes are no longer worth our money,” said Senator Nancy Binay on Twitter.

The central bank has scheduled the circulation of the P1,000 polymer banknote in April 2022.

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