QUEZON CITY, (PIA) -- Good news! The Bangko Sentral ng Pilipinas (BSP) announced that more automated teller machines (ATMs) nationwide are now polymer-ready.

According to BSP, the new 1000-Piso polymer banknotes are now available in 17,304 ATMs or 92 percent of the total number of ATMs across the country.

In Metro Manila, up to 7,274 of these polymer-ready ATMs are located in the metropolis.

As of November 2022, 39 million pieces, representing 7.8 percent of the total 1000-Piso polymer banknotes to be circulated by the central bank.

While the BSP continues the phased issuance of 1000-Piso polymer banknotes, the central bank reminds the public, retailers, and banks to accept folded banknotes, whether paper or polymer, as they are legal tender and can be used for daily payment transactions. 

If doubtful of a banknote’s value and/or authenticity, the public is encouraged to go to any bank for assistance. The bank will then submit the banknote to the BSP for examination.

For more information on the 1000-Piso polymer banknotes, visit  bit.ly/PolymerPH. (BSP/PIA-NCR)