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500 Piso With horizontal bars

Issuer Bangko Sentral ng Pilipinas
Year 2020-2021
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Reverse description A panoramic vignette of the Puerto Princesa Subterranean River National Park fills the background, with a Blue-naped Parrot (Tanygnathus lucionensis) rendered at centre. A traditional cloth design from the Southern Philippines appears at right, and an outline map of the Philippine archipelago is positioned at left.
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Protection type Watermark
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The horizontal bar overprint on this note identifies it as part of the BSP's response to a specific distribution problem during the COVID-19 pandemic: notes returned from quarantine zones were marked and segregated rather than immediately destroyed, a precaution against surface transmission that the WHO later assessed as largely unnecessary. The bars effectively created an unofficial sub-series within normal circulation stock.

Abacá fiber has been a component of Philippine banknote paper since the 1990s — the plant is native to the archipelago and the Philippines remains its dominant global supplier.