Public Service: Money Money Money

It’s almost the end of the year and I want to remind you guys that the old bank notes will not be accepted for daily transactions come January 1, 2016.

How it looks ↓


Photo grabbed from

If you have kept some notes like these in your baul (treasure chest), better take them out now and exchange for the newer bank notes which was launched last 2010.

Time to retire these old notes, they have been around since 1985.

To get a good look of the two bank notes, see next picture.


Photo grabbed from

The old bank notes can only be used until December 31, 2015.  Don’t fret though if you still have some by January 1, 2016, banks and BSP can still accept and change your old notes into new notes.  You have 1 whole year to look for old notes that may be kept in your house or in the bank.

Make sure you are done by 2016.  The old bank notes will be demonetized on January 1, 2017.  It will have no value by then.

Why stress yourself next year?  You can do it as early as now!


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