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5 Pesos

Issuer Municipality of Zamboanga (Province of Zamboanga)
Year 1942
Type Standard circulation banknote
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Obverse description Letterpress-printed emergency guerrilla currency on plain paper in black ink, bearing a bearer cheque format addressed to the Philippine National Bank, Zamboanga Agency. The note carries a serial number and series letter in the upper left, the denomination ₱5.00 repeated at upper right and lower left, and the issuing authority line 'THE BANK OF THE PHILIPPINE ISLANDS' in bold capitals. Two manuscript signatures appear above the printed titles 'Accountant' and 'Manager', with a void clause printed at the base.
Obverse lettering No 2976 A
₱5.00
To The Philippine National Bank
Zamboanga Agency
Zamboanga, P.I., 1942
Pay to BEARER the sum of FIVE (₱5.00) PESOS.
THE BANK OF THE PHILIPPINE ISLANDS
By:
Accountant
Manager
(Void if not deposited within 90 days)
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Comments

Philippine municipal emergency currency proliferated rapidly after the Japanese invasion of December 1941 severed normal banking operations. Zamboanga's issue was authorized under Commonwealth emergency provisions that allowed local governments to print their own scrip to maintain commerce — a stopgap that produced dozens of distinct local series across Mindanao alone.

The Province of Zamboanga fell to Japanese forces in May 1942, meaning notes issued that year had an extremely compressed window of legitimate use. Many were buried, burned, or abandoned as the occupation took hold.

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