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bangko sentral ng pilipinas announced
that the monetary board has decided to
extend the period to exchange old bank
notes and authorised to agent banks
until March 31 2017 the initial deadline
was earlier set for Saturday December 31
2016 BSP deputy governor Nestor
espenilla jr. said the decision to give
a 90-day extension to exchange old bank
notes for the new generation currency
where mgc notes was in response to the
public clamor to extend the Pinda death
exchange the old bank notes were
launched in 1985 while the NGC nodes
rereleased in 2010's honua said
authorized agent bank should not accept
the exchange of old bank notes to new
banknotes even if the person transacting
is not a depositor