BSP rules out cash demonetization planDemonetizing P500 and P1,000 bills to curb corruption remains off the table, according to Bangko Sentral ng Pilipinas (BSP) Governor Eli M. Remolona Jr.15 February 2026 · 2 MIN READ
Ferret out dirty money by demonetizing P1,000 bill The European Union progressively withdrew the €500 note after authorities found it disproportionately used in money laundering and organized crime.6 December 2025 · 3 MIN READ