Polymer banknotes are tough, according to the BSP, and it can last longer than paper banknotes. However, the P1,000 polymer banknote requires better care so it can last for a longer period of time.

The handling guidelines were issued to raise public awareness on the proper use of polymer and paper banknotes to safeguard their integrity and prolong their lifespan.” The central bank is testing the ...

Cleaner because viruses and bacteria do not survive as long on polymer than on paper. Stronger because they last longer than their paper counterparts,” said BSP Governor Eli M. Remolona in a ceremony ...

Lower production costs. While paper banknotes are still widely used today in the country, the BSP in April 2022 began circulating polymer banknotes using plastic materials.

Paper bills to ‘co-circulate’ with a billion polymer notes. Cai U. Ordinario; December 23, 2024; 6 views; 4 minute read; Visayan spotted deer and Acanthephippium mantinianum on the new P500 ...