House Deputy Minority leader and Bayan Muna Rep. Carlos Isagani Zarate on Saturday, Nov. 11 called the attention of the Bangko Sentral ng Pilipinas on “glaring errors” found in the newly-released P1,000 bill.

Zarate found the two errors referring to the image of the Philippine eagle as “quite embarrassing” and should be corrected immediately by the BSP.
If indeed found to be glaring errors, the BSP will be left with no other recourse but to recall the P1,000 bills already released to the public.
"First, the BSP should correct the scientific name of the Philippine eagle into Pithecophaga jefferyi because the one they wrote on the new P1000 bill was Pithecophaga jefforyi,” Zarate pointed out.
"Second, the scientific name should also be italicized because it is in Latin and needs to be differentiated from the English language. This is one of the rules in the proper writing of scientific names," the progressive congressman stated.
According to Zarate the BSP committed a similar mistake when it released new notes in 2020.
"The BSP made almost the same mistake in 2010, thus, it is lamentable that the same mistake is repeated. We trust that prior to the printing of the new notes, these mistakes will be corrected, so as not to waste funds or resources,”the opposition leader said.
He added: "We hope that the BSP will heed our call as it is quite embarrassing that a part our official currency has mistakes that will be propagated.”
Previously, the BSP misspelled the surname of President Gloria Macapagal-Arroyo as "Arrovo", prompting it to issue a public apology. IIn 2010, President Rodrigo Roa Duterte's middle name was misspelled as "Boa" in the P1,000-piso banknotes BSP released to the public.
However, the BSP denied that the P1,000 bills with incorrect surname of th president is not recognized as legal tender by th eBSP and did not come from its printing facility in Quezon City. recently.