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Bank of Canada Set To Release New $20 Note

The Bank of Canada will continue with its new polymer banknote series by releasing the new $20 bill in less than a month. The new banknote – set for release on November 7 – is the third bill in Canada’s new polymer series. The $50 and $100 bills were released earlier this year. Polymer notes […]

Old Banknote Series Re-Emerges As Fake In NS

The “Scenes of Canada” banknote series hasn’t been printed in over 30 years, but RCMP in Halifax, Nova Scotia say counterfeit bills mimicking the old series have been popping up recently. The counterfeit notes were predominately $50 bills, though counterfeit $20 bills from the old series have also been reported his week. Const. Tammy Lobb […]

Bank Of Canada Unveils New $20 Bill This Week

The Bank of Canada is set to unveil its new $20 bill this week, the third in its series of new polymer banknotes. The new $20 note will feature an updated portrait of Queen Elizabeth II on the front and the Canadian National Vimy Memorial on the back. According to a press release, the design […]

United Arab Emirates Banknotes Pose Problems for ATMs

Five months after the United Arab Emirates (UAE) introduced new Dh500 bills, the Central Bank said it is still experiencing problems with automated teller machines (ATMs) accepting the new banknotes. The bills feature new anti-counterfeiting devices such as transparent windows that are proving to be incompatible the existing ATMs. Rashid Al Fandi, executive director of […]

Bank of England Considers Polymer Notes

In an effort to make some of their banknotes more durable and counterfeit proof, the Bank of England is considering the introduction of polymer banknotes. The £5 banknote is the most likely candidate to be switched first as it is the lowest denomination and therefore the most frequently used, however the Bank has also said […]

Canadian Business Magazine: “Counterfeiting Cat-and-Mouse”

Currency makers are fighting a constant battle to stay ahead of counterfeiters, and the bills in your wallet are the product of countless hours of R&D, combining some of the latest developments in chemistry, physics and material science. And with both Canada and the U.S. introducing new bills next year, they’re about to become a […]