Currency covered and design series
- The memorandum applies to counterfeit 100-US dolor note of the New Design Series, specifically with an enlarged portrait of Benjamin Franklin.
- The BSP states that it examined counterfeit 100-US dollar notes of that New Design Series bearing certain features that make them highly deceptive.
- The BSP requires counter-checking by comparing specific physical and security features described in the memorandum.
Detection checklist for counterfeit features
- The memorandum provides that counterfeit detection starts with examining doubtful notes, especially those with an enlarged portrait of Benjamin Franklin.
- The BSP instructs that the paper is counterfeit if it contains red and blue fibers but is relatively thinner and smoother to the touch.
- The BSP instructs that the portrait is counterfeit if Franklin has a shorter left eyebrow and a shallower left inner ear.
- The BSP instructs that the watermark is counterfeit if it is less opaque, and shows wrinkled eyebrows, a pointed nose, and a wider neckline.
- The BSP instructs that the security thread is counterfeit if the microletterings “USA 100” are thicker, closely spaced, and “blurry”; under ultraviolet light, the reaction is brighter and intermittent.
- The BSP instructs that the lacework design is counterfeit if the fine web-like crisscrossing lines are not as sharp and as distinct as in genuine notes.
- The BSP instructs that serial numbers are counterfeit if the letters and numerals are not uniformly aligned.
Handling instructions when counterfeit is found
- The BSP requires that all doubtful notes be examined, with heightened focus on notes showing the enlarged portrait of Benjamin Franklin.
- If a counterfeit is encountered, the possessor must communicate with the BSP Cash Department’s Currency Analysis and Redemption Division.
- Communication with the Currency Analysis and Redemption Division must be done through Tel. Nos. 524-2777, 524-7011 local 2296.
- The memorandum requires communication with the BSP Investigation Staff through Tel. Nos. 523-9806, 524-7011 local 2388.
- The memorandum also directs parties to contact the nearest Bangko Sentral Regional Office / Sub-Regional Office / Cash Unit when holding the identified counterfeit.
Adoption, signature, and effective guidance
- The memorandum is adopted on July 19, 2000.
- The memorandum is signed by Amado M. Tetangco, Jr., Deputy Governor.
- The memorandum’s guidance functions as an identification and response instruction for the specific counterfeit type described: counterfeit US $100 New Design Series notes with an enlarged Franklin portrait.