Obverse Spanish
"El Banco Español Filipino pagara al cincuenta pesos portador" "Manila, P.I. "
Obverse English
Image of a woman standing holding a flower, "The Bank of the Philippine Islands will pay to the bearer on demand Fifty Pesos" "Manila, P.I. January 1, /" "Series of /"
Reverse English
"The Bank of the Philippine Islands" "Fifty Pesos"
Reverse Spanish
"El Banco Español Filipino" "Cincuenta Pesos"
Remarks
Printed in 5-subject sheets. All Bank of the Philippine Islands (BPI) Banknotes were demonetized after , pursuant to Executive Order No. 111, Proclamation No. 5, Executive Order No. 25, Executive Order No. 166 and Executive Order No. 310.