Image of the Russia 200-ruble banknote banned in Ukraine.

Ukraine bans new Russian banknotes

It has emerged that the new 200-ruble banknote has been banned in Ukraine, as the design of the Russian note includes an image of the peninsula of Crimea which the Kremlin annexed in 2014. In a press release issued on the 13 October, the National Bank of Ukraine said that the ban includes all Russian currencies showing “maps, symbols,…

Russia issues new banknote denominations

Following an announcement last year, the Bank of Russia has issued two new banknote denominations consisting of the 200 and 2000 rubles. An announcement was made on the Central Bank’s website on the 12 October 2017, confirming that the new banknote denominations had entered circulation. The new denominations join the currently circulating Russian banknote series consisting of…

Bank of England building

Bank of England launches Banknote Checking Scheme

The Bank of England has launched a new Banknote Checking Scheme to reduce the number of counterfeit banknotes being accepted by businesses. The Scheme, launched by the Bank of England on the 10 October, is aimed at cash-handling businesses and, it says, promotes the checking of banknotes at the point of sale (POS) through targeted training. By…

Image of a fan of new ten franc banknotes.

New Swiss 10-franc banknote unveiled

The Swiss National Bank has unveiled the design of the new 10-franc banknote from its latest Ninth Banknote Series, due to be issued on 18 October 2017. The 10-franc note is the third of six denominations from the new Ninth Banknote series, following the release of the 20-franc last May and the 50-franc in April 2016. The design of…

Thumbnail image of the new Bank of Scotland 10 banknote design

Bank of Scotland issues Safeguard® £10 banknote

The new ten pound banknote from the Bank of Scotland has begun to circulate, printed on De La Rue’s Safeguard® polymer substrate. Like its predecessor, the new ten pound banknote features portraits of Scottish historical novelist, playwright and poet, Sir Walter Scott, as well as illustrations of the Bank of Scotland’s Head Office, The Mound, and Scotland’s…

Image of Bank of England Chief Cashier Victoria Cleland holding a sheet of ten pound banknotes.

Chief Cashier discusses forecasting future banknote demand

At this week’s Future of Cash Conference, the Bank of England’s Chief Cashier Victoria Cleland gave a speech regarding the future of cash and the factors affecting banknote demand. Victoria Cleland gave the speech yesterday at the conference, being held in Vienna. Cleland recognises that there are many alternatives to cash that are increasingly being used by people. However,…

Thumbnail image of the Dominican Republic 500 commemorative banknote celebrating 70 years of the institution.

Dominican Republic commemorative $500 banknote

The Central Bank of the Dominican Republic has issued a commemorative $500 banknote, celebrating the 70th anniversary of the institution. Image courtesy of the Central Bank of the Dominican Republic The banknote uses the same design as the circulating version and includes many of the existing security features such as a latent image, watermark and microtext, but…

Thumbnail image of the Brunei commemorative 50 banknote 2017

New coins and note to celebrate Brunei Golden Jubilee

The Central Bank of Brunei celebrates the Sultan’s 50-year reign with a commemorative polymer banknote and coin set, and issues the fifth series of circulation coins. The country has celebrated the Golden Jubilee of Sultan Hassanal Bolkiah of Brunei, having been on the throne for fifty years. To mark the occasion the country’s Central Bank, the Autoriti Monetari…

Argentina issues Native Animals 20-peso banknote

The Central Bank of Argentina has issued the next denomination from its new “Native Animals of Argentina” series of banknotes, the 20-peso. The new note, which entered circulation on the 4 October, features the native guanaco – a llama type animal – as part of the currency series’ efforts to raise awareness of the preservation of the environment. The…