THE Bangko Sentral ng Pilipinas in Dagupan, Pangasinan on Friday started to exchange unfit or dirty bills and coins at the CSI San Carlos here.
Dubbed “Marutak ya Kwarta tan Barya? Isalat mo la!” (Dirty bills and coins? Exchange it!), the activity was part of the clean note and coin policy campaign of the BSP-Dagupan branch.
BSP-Dagupan senior research specialist Gomer Gomez said the campaign aimed to maintain clean or fit notes and coins will remain in circulation.
“BSP also wants the money circulating in our economy to be clean because if the money is clean, the security features are evident so counterfeit notes can easily be detected,” Gomez said.
He added that transmission of disease-causing bacteria will be minimized by replacing dirty notes and coins.
The BSP has partnered with the Philippine Information Agency (PIA)-Pangasinan Information Center in conducting a forum to create awareness on the currency-related matters.
Last April 26, PIA and BSP conducted a barangay forum in Libsong West village, Lingayen town and was attended by some 100 participants composed of the barangay council, civilian volunteers’ organization, barangay health workers, 4Ps beneficiaries and Sangguniang Kabataan members.
“It is everyone’s responsibility to stop the circulation of counterfeit currencies,” said Gomez as he reminded participants that counterfeiting is a serious crime with potentially severe penalties.
He added that bills should be handled properly and it is the public’s responsibility to maintain clean notes.