THE Bangko Sentral ng Pilipinas (BSP) confirmed on Thursday misprints in the P100 banknote, resulting in “faceless” bills as seen in the recent viral social-media post.
The BSP issued a statement saying the misprints were “rare” and were isolated cases.
“Having found these to be issued by the BSP, an inquiry was made into the printing-machine error that caused it. First, the BSP emphasizes that these incidents [while posted repeatedly on social media] actually represent isolated cases experienced by a few individuals,” the monetary authority said.
“Millions of banknotes are printed by the BSP on a daily basis. In the manufacturing and production process, there are cases when machine errors cause rare misprints. In this particular case, the BSP has identified the mechanical cause of the said erroneous printing,” it added.
The BSP also assured the public that the issue has been resolved.
“The BSP assures the public that it has, through the years, observed a procedure of Quality Assurance for the millions of banknotes it daily prints and circulates as legal tender,” the BSP said.
The country’s central monetary authority also urged the individuals affected to turn over the misprinted notes.
“Those individuals may, during office hours, either at its head office in Manila or its Security Plant Complex in Quezon City, visit the BSP. After verification of the bills’ authenticity, the BSP shall replace the same,” the BSP said.