BSP advises against selling online P20 and enhanced P5 coins
Currency

BSP advises against selling online P20 and enhanced P5 coins

Apr 19, 2022, 5:45 AM
Rose De La Cruz

Rose De La Cruz

Writer/Columnist

Don't trade your 20 Piso and 5 Piso coins online for a higher price. They are still in circulation with their face values, Bangko Sentral ng Pilipinas said.

Saying that the 20 Piso and enhanced 5-Piso coins are still in circulation, the Bangko Sentral ng Pilipinas warned that it should not be sold and bought at prices higher than their face values 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.

Tags: #BSP, #NGC, #money


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