President William McKinley at left, blue seal at right
Reverse description
Yellow design
Signature(s)
Protection type
Protection description
Obverse lettering
PHILIPPINE NATIONAL BANK CIRCULATING
NOTE
ISSUED UNDER THE PROVISIONS OF ACT NUMBER 2612 AS AMENDED BY ACTS
2747 AND 2938 OF THE PHILIPPINE LEGISTATURE
THE PHILIPPINE NATIONAL BANK
WILL PAY THE BEARER ON DEMAND
FIVE PESOS
IN LAWFUL CURRENCY OF THE PHILLIPINE ISLANDS
FIVE PESOS
FIVE FIVE
Reverse lettering
FIVE PESOS FIVE PESOS
PHILIPINE NATIONAL BANK CIRCULATING NOTE
THIS NOTE IS RECEIVABLE BY THE PHILIPPINE GOVERNMENT IN PAYMENT OF
ALL TAXES, DUES OR OTHER CLAIMS
DUE OR OWING TO SAID GOVERNMENT
AND IS EXEMPT FROM ALL TAXES