After debates in social media on the interpretation of the request by Bangko Sentral ng Pilipinas to get flat billfolds, and to declare folding the new notes of 1,000 piso (PHP1,000.3) to be illegal, and reports of members of the public and merchants refusing to accept folded notes, the Central Bank reversed course and has stated that folded notes are legal tender and are to be accepted, as long as they are not excessively folded.
Source: ph.news.yahoo.com
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