BSP says ‘faceless bills’ due to ‘rare misprint’

Image by YouScoop's Facebook post

The Bangko Sentral ng Pilipinas have already released a statement with regards to the strange incident of ‘faceless’ peso bills.

It said on Thursday, as disclosed in an ABS-CBN News story, that it was a “rare misprint” that caused a “very minimal” amount of peso bills missing the face designs.

SP managing director for currency management Carlyn Pangilinan told reporters that the error was an isolated case. Holders of the defective banknotes are advised to exchange them at central bank offices for legal tender.

On Monday night,  YouScoop posted photos of four faceless P100 bills as shared by a netizen identified as “Earla Anne”, with some letters missing from the phrases (REPUBLIKA) NG PILIPINAS and SANDA(ANG PISO); which were said to have been withdrawn from a Bank of the Philippine Islands ATM in Quezon City.

LOOK: Laking gulat ni YouScooper Earla Anne nang makitang burado ang mukha sa tig-₱100 perang kanyang winithdraw sa…

Posted by YouScoop on Monday, December 25, 2017

“In this particular case, the BSP has identified the mechanical cause of the said erroneous printing. It has since been resolved,” Pangilinan said; adding, “Millions of banknotes are printed by the BSP on a daily basis. In the manufacturing and production process, there are cases where machine errors cause rare misprints.”

She also told the public that the “faceless” bills should not in any way cast doubt on the Bangko Sentral ng Pilipinas’ capacity to print legal tender.