... and don't iron, staple them or place them near an open flame.
Guidelines released by the Central Bank of the Philippines for handling their new polymer banknote have citizens in an uproar.
Bangko Sentral ng Pilipinas (BSP; Central Bank of the Philippines) released guidelines on handling the new PHP1000 polymer banknotes, which include keeping them flat and not folding them in half — as one inevitably would when storing them in a folding wallet.
BSP Governor Felipe Medalla realizes this and has asked the public to carry a longer-sized wallet instead, adding that women would not have a hard time because they carry handbags, a remark that clearly did not sit well with people online.
In an interview with One News, Medalla said,
One thing to adjust is to have wallets or purses that prevent it from being totally folded. The wallet must be as long as the bill so that the money wouldn't need to be folded.
It's easier for women because you have handbags, he added in Filipino.
The new guidelines from the BSP have raised concerns among netizens, who argued that handling the new polymer banknotes required more care than the traditional paper bills.
Does he really think most laborers use wallets? One user asked.
Tell that to the market vendors, jeepney and tricycle drivers, and bus conductors, another said.
Last year, the BSP revealed their plans to test polymer on P1,000 bills on a limited basis in early 2022.
Are polymer notes really that sensitive to folding? I don't recall hearing that advice before, and polymer notes have been around for a while. Are these instructions over the top?
Found via News & Notes from the Society of Paper Money Collectors (Volume VIII, Number 2, June 28, 2022)
To read the complete article, see:
‘Sexist' & ‘Unnecessary': Netizens slam new PHP1000 polymer banknotes after being told they shouldn't fold them in half
Wayne Homren, Editor
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