1000-Piso Polymer Banknote
The BSP continuously looks for ways to improve our banknotes in response to the evolving needs of Filipinos and the availability of modern technologies.
This calls for the use of polymer substrate, which is known to be more hygienic and sanitary, durable and cost-effective, secure and difficult to counterfeit,
In April 2022, the BSP began the circulation of the new and improved 1000-Piso polymer banknote. This will be used alongside the 1000-Piso paper banknotes.