Congressman William A. Jones at centre, red seal at right
Reverse description
Tan design, coat of arms at centre
Signature(s)
Protection type
Protection description
Obverse lettering
PHILIPPINE NATIONAL BANK CIRCULATING
NOTE
ISSUE AUTHORIZED MARCH 24, 1937 UNDER THE PROVISIONS
OF ACT NUMBER 2612 OF THE PHILIPPINE LEGISTATURE AS AMENDED
THE PHILIPPINE NATIONAL BANK
WILL PAY THE BEARER ON DEMAND
TWENTY PESOS
IN LAWFUL MONEY OF THE PHILLIPINES
Reverse lettering
TWENTY PESOS TWENTY PESOS
THIS NOTE IS RECEIVABLE BY THE COMMONWEALTH OF THE PHILIPPINES IN
PAYMENT OF ALL TAXES, DUES OR OTHER CLAIMS
DUE OR OWING TO SAID GOVERNMENT
AND IS EXEMPT FROM ALL TAXES
PHILIPPINE NATIONAL BANK
CIRCULATING NOTE