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10 Pesos

Issuer Philippine National Bank, Iloilo City
Year 1944
Type Standard circulation banknote
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Reverse description The reverse is printed in reddish-brown and is the mirror image of the obverse, intended as a security measure through letterpress back-printing. The large denomination numeral '10' and the text 'PESOS' dominate the centre, with 'Philippine National Bank' across the upper portion and 'Iloilo City Philippines May 1 1944' visible at centre left. The three facsimile signatures of the Iloilo Currency Committee members appear at lower centre, and the legend 'Emergency Circulating Note of 1944' is printed along the bottom margin.
Reverse lettering Philippine National Bank
10 PESOS
Iloilo City
Philippines
May 1, 1944
Emergency Circulating Note of 1944
Series of 1944
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Comments

The Philippine National Bank's Iloilo branch issued this emergency note under Japanese occupation, when the guerrilla-controlled provinces of the Visayas were cut off from Manila and forced to improvise their own currency infrastructure. Provincial fiscal, auditor, and branch manager signing together reflects the makeshift committee authority that replaced normal banking hierarchy in occupied territory — three signatures because no single office retained full institutional legitimacy.

Simser is a notably non-Filipino surname for an acting provincial fiscal in 1944 Iloilo, suggesting the wartime administrative scramble threw up some unusual appointments.

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