Senator Grace Poe said bank depositors should not be burdened with distinguishing counterfeit bills coming from banks.
She said has been baffled why ATMs are dispensing fake peso bills and wants to know how the bogus money found its way into the banks’ machines. She noted that reminders by the Bangko Sentral ng Pilipinas to be alert of fake bills from ATMs are disquieting.“The burden of distinguishing counterfeit bills emanating from banks from genuine ones should not be placed on depositors,” she emphasized.
BSP Governor Benjamin Diokno has responded...
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