President William McKinley at left, red seal at right
Reverse description
Orange leaves
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
FIVE PESOS
IN LAWFUL MONEY OF THE PHILLIPINES
FIVE PESOS
Reverse lettering
FIVE PESOS FIVE PESOS
PHILIPINE NATIONAL BANk CIRCULATING NOTE
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
UNITED STATES BUREAU OF ENGRAVING AND PRINTING
