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Switzerland introduces the new 20-franc banknote

Banknotes, NewsBy SMI 10/05/2017

The Swiss National Bank, the central bank of Switzerland, has today revealed the new 20-franc banknote design The 20-franc banknote is the second of the latest ninth series of banknotes to be issued in Switzerland, following the release of the award winning 50-franc note in April last year. The new note will be issued into circulation…

Switzerland wins 2016 IBNS Banknote of the Year Award

Banknotes, NewsBy SMI 25/04/2017

The International Bank Note Society (IBNS) has announced the new Swiss 50 banknote as the winner of the Bank Note of The Year Award 2016. The 50-franc banknote was issued by the Swiss National Bank in Switzerland in April 2016, the first denomination to be circulated from the country’s ninth banknote series. Printed by Orell Fussli Security Printing…

Fiji issues Rugby Sevens commemorative banknote and coin

Banknotes, NewsBy SMI 25/04/2017

The Reserve Bank of Fiji has issued a new banknote and a 50-cent coin celebrating the country’s gold medal win at the Rio 2016 Summer Olympics in the men’s Rugby Sevens – the country’s first ever Olympic medal. By the time the Fijian team had made it to the Olympic final in August last year, the…

Canada unveils commemorative $10 banknote

Banknotes, NewsBy SMI 10/04/2017

The Bank of Canada (BOC) has unveiled a commemorative ten dollar banknote celebrating the 150th anniversary of Confederation. The new $10 banknote was unveiled on Friday 7th April by the Bank’s Governor Stephen S. Poloz and Parliamentary Secretary to the Minister of Finance Ginette Petitpas Taylor at a ceremony at the Bank’s head office in Ottawa.…

The new euro €50 enters circulation today

Banknotes, NewsBy SMI 04/04/2017

The fourth banknote of the Europa series, the euro €50, enters circulation today containing a variety of new, modern security features to help combat the threat of banknote counterfeiting. The new euro €50 banknote denomination includes KURZ’s KINEGRAM ReView® holographic foil stripe including a portrait window. The window displays a portrait of Greek mythology figure Europa, visible on…

De La Rue’s Centre of Excellence opens in Malta

Banknotes, NewsBy SMI 31/03/2017

Following an announcement last November, De La Rue opens its Global Centre of Excellence for Security Print on the European island of Malta. The Centre was opened last Thursday, 30 March 2017, by The Prime Minister of Malta, Joseph Muscat. According to De La Rue, it has been designed to “deliver the next generation of…

Nicaragua issues commemorative 1000 banknote

Banknotes, NewsBy SMI 22/03/2017

The Central Bank of Nicaragua has issued a 1000 córdobas banknote into circulation commemorating the centenary of the death of famous poet Rubén Darío. A press release dated 20 March 2017 from the Banco Central de Nicaragua confirms that the commemorative banknote was released into circulation three days earlier, on 17 March. The banknote is a limited…

Landqart expands Durasafe® customer base

Banknotes, NewsBy SMI 20/03/2017

Fortress Paper Ltd has announced that its wholly-owned subsidiary, Landqart AG, has entered into an agreement with a fourth customer to use its banknote substrate, Durasafe®. Details of the new customer have not yet been made public, but they join the list of countries using Durasafe® within their banknotes – namely Morocco, Kazakhstan and Switzerland. Durasafe® is a banknote paper…

Cash rationing ends in India

Banknotes, Currency, NewsBy SMI 15/03/2017

India’s citizens are now able to make unrestricted cash withdrawals, ending the period of cash rationing imposed on the country by Prime Minister Modi. From Monday 13 March 2017, all cash withdrawal limits from Savings Bank accounts were withdrawn, allowing the citizens of India to withdraw cash freely. The country has been through a period of demonetisation whereby the ₹500…

UAE opens its first banknote printing plant

Banknotes, NewsBy SMI 13/03/2017

The UAE opened its first banknote printing plant, the Oumolat Security Printing LLC, on Saturday 11 March 2017 by Sheikh Mohammed bin Rashid, Vice President and Ruler of Dubai. The new UAE banknote printing plant is located in the Khalifa Industrial Zone in Abu Dhabi and aims to provide printing services for central banks across the Middle East. Historically,…