Five Centavo Banknote
English Series - Small Denomination Currency (Scrip Notes)
Text: "Central Bank of the Philippines; This note is a liability of the Central Bank and is fully guaranteed by the Government of the Republic of the Philippines". "This note is legal tender for all debts, public and private."
This note is signed by President Ramon Magsaysay. The reverse shows that the bill was printed by "Waterlow & Sons Limited".