Congressman William A. Jones at centre, blue seal at right
Reverse description
Tan design
Signature(s)
Protection type
Protection description
Obverse lettering
PHILIPPINE NATIONAL BANK CIRCULATING
NOTE
ISSUE UNDER THE PROVISIONS OF ACT NUMBER 2612 OF THE PHILIPPINE
LEGISTATURE AND AMENDED BY ACT 2747
THE PHILIPPINE NATIONAL BANK
WILL PAY THE BEARER ON DEMAND
TWENTY PESOS
IN LAWFUL CURENCY OF THE PHILIPPINE ISLANDS
Reverse lettering
TWENTY PESOS TWENTY PESOS
THIS NOTE IS RECEIVABLE BY THE PHILIPPINE GOVERMENT 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