Capiz occupies the north central part of Panay.

There are only 2 denominations in the Capiz provincial series- 50 Centavos and 1 Peso.  There are notes with a Commitee misspelling, but I have no examples of this.  Also, there are counterfeit notes of both denominations, made during the war. These counterfeits are just as collectable as the originals.