QuestionsQuestions (BSP Memorandum No. M-2015-017)
It informs the public and relevant stakeholders that the BSP Cash Department has examined highly deceptive counterfeit US $100 notes (New Design Series) and provides specific physical/visual security features to help detect them, along with instructions on what to do if one is found.
The paper contains red and blue fibers but is relatively thinner and smoother to the touch compared with genuine notes.
The memorandum states that Franklin in the counterfeit appears to have a shorter left eyebrow and a shallower left inner ear.
It is described as less opaque, with wrinkled eyebrows, pointed nose, and a wider neckline compared to genuine notes.
The microletterings 'USA 100' are thicker, closely spaced, and 'blurry'; under ultraviolet light, the reaction is brighter and intermittent.
The fine web-like crisscrossing lines are not as sharp and distinct as in genuine notes.
The letters and numerals are not uniformly aligned in the counterfeit.
It instructs the holder to examine all doubtful notes, especially those with the enlarged portrait of Benjamin Franklin, and to communicate with the BSP Cash Department’s Currency Analysis and Redemption Division or the Investigation Staff, or the nearest BSP regional/sub-regional office/cash unit.
The BSP Cash Department’s Currency Analysis and Redemption Division (for currency analysis/redemption) and the Investigation Staff (for investigation), plus nearest BSP regional/sub-regional office/cash unit.
It implies that not all forgeries can be spotted easily, but this particular series has concrete deviations in security elements; therefore, systematic checking is the recommended method.
It is an administrative issuance/informational memorandum from the BSP that provides detection guidance and reporting instructions; it functions as an advisory instrument in relation to BSP operations and public guidance, rather than creating new criminal/penal rules.
They should examine doubtful notes, particularly the specified New Design Series $100 notes with the enlarged Franklin portrait, and if suspected counterfeit is found, promptly coordinate with BSP contacts/nearest BSP offices for proper handling and investigation.
They should examine all doubtful notes and treat the note as suspected, then communicate with the BSP Cash Department divisions or the nearest BSP office as directed.
No. It focuses on identification features and reporting/communication with BSP units; it does not discuss penalties or criminal liability within the text provided.
Because it provides an objective testing parameter (reaction brightness and intermittency) that improves detection reliability, which helps reduce the risk of accepting or circulating counterfeit currency.
It gives a step-by-step checklist of observable/traceable security elements, enabling consistent evaluation across examiners and cash handlers.