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Revised Reward System

Clean Note Policy

Coin Recirculation Program

Gold Buying Program

Silver Selling Program

Rules and Regulations on the Reproduction and/or Use of Legal Tender Currency Notes and Coins

BSP Revised Reward System

Anti-counterfeit Campaign: "Bayani ka na, magkakapera ka pa!"

The BSP Reward System complements the earlier BSP initiative re-launching the “Clean Note Policy” last 3 July 2003 whereby the public is encouraged to exchange/deposit their unfit/dirty notes with the banks. This way we also promote and maintain currency integrity since the public can easily detect counterfeits among fairly clean notes.

The BSP Reward System, on the other hand, encourages the populace to furnish information on person/groups responsible for the manufacture/passing of counterfeits. This nefarious activity can be more effectively suppressed with the cooperation of the public.

There is a Committee on Rewards who shall determine the amount of reward in accordance with certain rules and regulation as approved by the Monetary Board.

Any person who voluntarily gives definite and sworn information leading to the the arrest/prosecution of a person or group of persons engaged in counterfeiting/passing of Philippine notes and coins or foreign notes and coins acceptable to BSP may qualify for the reward except an officer or an employee of the BSP or any intelligence or law enforcement agency such as NBI, PNP, BIR, Bureau of Customs, including their relatives within the 3rd degree of consanguinity or affinity.

If you have information on counterfeiting activities, you may call the Investigation Staff, Cash Department at Telephone Nos. 926-5092 or 929-7071 local 618 or any of the following BSP Regional Office:

La Union:

(072) 888-2083

Cebu:

(032) 254-1450

Davao:

(082) 227-1903

 

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