I have some folded money and I'm wondering if it's possible to exchange it for new, unfolded bills. Will banks or other financial institutions accept folded money for exchange?
            
            
            
            
            
            
           
          
          
            6 answers
            
            
  
    
    EmmaWatson
    Fri Nov 01 2024
   
  
    The BSP emphasizes the importance of maintaining the integrity of the currency and encourages the public to handle banknotes with care.
  
  
 
            
            
  
    
    Claudio
    Fri Nov 01 2024
   
  
    The Bangko Sentral ng Pilipinas (BSP) has issued a notice to the public regarding the circulation of folded banknotes.
  
  
 
            
            
  
    
    SoulWhisper
    Fri Nov 01 2024
   
  
    According to the BSP, both paper and polymer banknotes that are folded can continue to be used for transactions.
  
  
 
            
            
  
    
    CherryBlossomPetal
    Fri Nov 01 2024
   
  
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    CryptoGuru
    Fri Nov 01 2024
   
  
    The public is assured that the folded state of the banknotes does not affect their legal tender status.