BSP: circulate fit notes

INFOBYTES

The Bangko Sentral ng Pilipinas (BSP) Dumaguete Branch has reminded business establishments and consumers in relation to its Clean Note Policy.

BSP Dumaguete Branch Bank Officer Dr. Gregorio Baccay III reiterated the call to business establishments to hand over clean and fit notes to consumers when they issue change to them. Baccay disclosed that it came to their knowledge that some business establishments give unfit, worn out or mutilated banknotes to their customers and keep the clean and fit notes in their cash registers. He emphasized that this practice is improper and they should always circulate clean and fit banknotes or coins. (By Roi Lomotan)

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