‘Old bills’ still legal tender until Dec 2015
THE New Design Series (NDS) of Philippine money or the ‘old bills’ are still legal tender until December 2015, which means, these can still be used until December next year.
The Bangko Sentral ng Pilipinas (BSP)-Dagupan branch, said the NDS can still be used in the day-to- day transactions of the public until next year only.
“Starting January 1, 2016, the NDS is no longer legal tender. However, it can be exchanged at the BSP or at any BSP- authorized agent bank until December 31,2016,” Catan told the Philippine Information Agency. (PIA)
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