PHILIPPINE NATIONAL BANK
EMERGENCY CIRCULATING NOTE OF 1943
ISSUED BY AUTHORITY OF THE PRESIDENT OF THE PHILIPPINES
THE PHILIPPINE NATIONAL BANK
WILL PAY THE BEARER ON DEMAND
FIFTY PESOS
IN LAWFUL CURRENCY OF THE PHILIPPINES
ILOILO CURRENCY COMMITTEE
Reverse lettering
PHILIPPINE NATIONAL BANK
ILOILO CITY PHILIPPINES FEB 22, 1943
FIFTY PESOS
EMERGENCY CIRCULATING NOTE