Counterfeit Philippine Currency in the City of San Fernando, La Union
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Date
2010
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Don Mariano Marcos Memorial State University -Open University System
Abstract
The study assessed the counterfeit currency in San Fernando City. Descriptive method of research was used. Respondents were 122 bankers. In the treatment of data, frequency counts, percentages, and means were employed. The counterfeit currencies received by the BSP La Union Regional Office had increasing trend. The office conducted 2 lectures and used 4 counterfeit detection instruments/ machines. Majority were tellers from universal and commercial banks, with 21-30 years modal age, mostly females , married and baccalaureate degree graduates. Their modal year of stay was 1-10 years, attended 1-5 seminars/training and using 1-5 counterfeit detection instruments. The bankers were highly aware of the laws and regulations, and on counterfeit currency features. BSP's level of implementation of information dissemination was moderate. Awareness of laws and regulations, features of counterfeit Philippine currency were capabilities, while BSP's information dissemination implementation was constraints. Policy recommendations were developed to combat counterfeit currencies.
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Hermosura, M.P., (2010). Counterfeit Philippine Currency in the City of San Fernando, La Union. (DMMMSU-OUS)