What are the security features of the new generation currency bank notes in the Philippines?

In 2020, the BSP released an improved version of the NGC series. In addition to the security features currently present for five denominations (excluding the P20 banknote), the new banknotes will have an upgraded Motion security thread and design for all five denominations, and anti-copy and anti-scanning devices.

What are the different security features of the Philippine banknotes?

In 2001, the BSP upgraded the security features (visible fibers, value panel, security thread and watermark) of 1000, 500, and 100-peso banknotes with additional security features like a second glossy security thread, iridescent strip, fluorescent printing, optically variable ink, and microprints.

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Which of the following is security feature of the new design series bank notes?

Security features of the banknote included a security thread, scattered red & blue visible fibers, and fluorescent printing. The Bangko Sentral ng Pilipinas has stopped printing this banknote in 1995, and it has been replaced by an equivalent coin.

How does the BSP select new designs and security features for the new generation currency notes?

8. How does the BSP select new designs and security features for our new generation currency notes? The BSP has a Numismatic Committee that initiates the new design studies and proposes upgraded security features for consideration by its Monetary Board which in turn submits these to the President for final approval.

What are the security features imbedded in our current Philippine currency?

According to Diokno two more security features will be added to the currency: upgraded window security thread with unique color and design per denomination, and anti-copy and anti-scanning features to improve counterfeit deterrence.

What are the security features of the new generation currency?

In 2020, the BSP released an improved version of the NGC series. In addition to the security features currently present for five denominations (excluding the P20 banknote), the new banknotes will have an upgraded Motion security thread and design for all five denominations, and anti-copy and anti-scanning devices.

What are the security features of BSP bank note that hard to imitate?

The security features of the 500-Piso and 1000-Piso were strengthened by adding a roller bar effect on the value panels and color-shifting in the optically variable ink. These features will make the higher denominations more difficult to counterfeit, the central bank said.

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What is Philippine new generation currency?

The New Generation Currency (NGC) Banknote Series now in circulation was first issued in December 2010. The BSP launched in 2020 enhanced Philippine banknotes that are more responsive to the needs of the elderly and the visually impaired, and feature the latest anti-counterfeiting technology.

What are the new generation currency coins?

On 26 March 2018, the BSP released the New Generation Currency (NGC) Coin Series comprised of the 10-Piso, 5-Piso, 1-Piso, 25-Sentimo, 5-Sentimo and the 1-Sentimo into circulation.

What are the features of enhanced new generation Philippine currency for P50 P100 P200 P500 and P 1000?

The enhanced banknotes — bearing the P50, P100, P200, P500, and P1,000 denominations — have the following enhancements:

  • Security thread.
  • Optically Variable Ink.
  • Tactile Marks.
  • Enhanced Value Panel.

What are the security features of our banknotes?

By holding a banknote up to the light, the following features can be observed.

  • Security thread. The security thread is the shiny strip on the front of the banknote, which becomes a continuous solid line when held to the light. …
  • Watermark. …
  • Raised print. …
  • Visual aid feature. …
  • Security thread. …
  • Colour-changing ink.

What security feature of the new generation banknote that is in reflective foil bearing the image of the species found in the note?

Optically Variable Device (OVD) Patch: Found only in 500- and 1000-piso notes, this patch is a reflective foil, bearing the image of the Blue-naped parrot for 500-piso/clam with South Sea pearl for 1000-piso, changes color from red to green when the note is rotated 90 degrees. 9.

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What is the two additional security features that added by the BSP to become unique the 500 and 1000 pesos banknotes?

As a result, in 2001, BSP decided to enhance the security features of the of 1000, 500, and 100-piso banknotes, including the 200-piso which was issued in 2002, by incorporating the iridescent band and the windowed security thread to combat counterfeiting made out of colored copiers.

What are new generation currency coins and why did the BSP issue a new coin series?

New Generation Currency Series (2010-present)

In 1995, a new set of coins and notes was issued In 2009, the Bangko Sentral ng Pilipinas announced that it launched a massive redesign for current banknotes and coins to further enhance security features and improve durability.

What security feature is found in 1000 peso note?

Philippine one thousand-peso note

(Philippines)
Value ₱1000
Width 160 mm
Height 66 mm
Security features Security fibers, watermark, see-through registration device, concealed value, 3D security thread, optical variable device, optically variable ink, tactile marks, rolling bar effect

What is the security thread on US currency?

A security thread is a security feature of many banknotes to protect against counterfeiting, consisting of a thin ribbon that is threaded through the note’s paper.