BSP extends deadline for exchange of old banknotes to 29 December 2017

Great News for the General Public! It’s time to open the vaults or bring out the bank notes from under the bed or the hidden baul! 

BSP extends deadline for exchange of old banknotes to 29 December 2017

BSP establishes a new deadline of 29 December 2017 for the replacement or exchange of New Design Series banknotes at par with the New Generation Currency banknotes and without charge

In response to numerous requests from the general public to allow the exchange and replacement of their New Design Series (NDS) banknotes, the Monetary Board established a new deadline of 29 December 2017 for this purpose. The replacement or exchange transactions on the NDS banknotes shall be accommodated without charge at the Bangko Sentral ng Pilipinas (BSP) Cash Department, RegionalOffices, and Branches. The BSP shall allow the exchange of demonetized NDS banknotes in cash to a maximum amount of PhP100,000.00 per transaction. NDS exchange for larger amounts may be allowed but payable only by check or direct credit to a bank account.


What is the distinguishing difference between the old and new banknotes series?

BSP Contact Details

Bangko Sentral ng Pilipinas 
A. Mabini St. cor. P. Ocampo St.,
Malate Manila, Philippines 1004
Tel. No. : (632) 708.77.01
E-mail: [email protected]*/ To facilitate communication, we encourage senders of emails to [email protected] to provide their full contact details (name, office/school/affiliation, telephone nos.).BSP – Security Plant Complex 
East Ave., Quezon City
Tel. No. : (632) 988.4800

Website:  Bangko Sentral ng Pilipinas

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You can download the -> demonitized notes primer-English

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