Bank Indonesia issues new Rp. 100,000 banknote

Banknotes, News

A press release from Bank Indonesia details the release of a new 100,000 rupiah banknote issued into circulation. The release, dated 14th August 2014, announced that the new note will be circulated from 17th August 2014. There are no major changes with the design compared to the previous version, but it now includes the phrase…

Singapore 10 000 image

Singapore to stop issuing $10,000 banknote

Banknotes, Currency, News

It was announced yesterday by the Monetary Authority of Singapore (MAS) that they will stop issuing $10,000 banknotes (£4,694) from 1st October 2014 in a bid to increase anti-money laundering controls. The comments were made yesterday during a Keynote Address at the ABS Financial Crime Seminar by Mr Ong Chong Tee, Deputy Managing Director (Financial…

Kuwait issues sixth banknote series

Banknotes, News

The sixth issue of the new Kuwaiti currency has today been released into circulation. In a statement to the Kuwait News Agency (KUNA), the Central Bank of Kuwait had prepared for the release stating “All denominations of the new banknotes are to be available for the general public through all branches of banks operating in the State…

First UK polymer banknote to be issued 2015

Banknotes, News

The first plastic polymer banknote to be issued in the United Kingdom will be circulated in 2015. Two million Scottish £5 banknotes will be issued by Clydesdale Bank branches (not the Bank of England, which will issue its own polymer £5 banknote design in 2016). The new Scottish note features the Forth Bridge on its…

Thailand 500 banknote image

Thailand issues new 500-baht banknote

Banknotes, News

The Bank of Thailand has issued a new 16th series 500-baht banknote which will be circulated from 12 May 2014. The design is similar to its previous version – purple is still the predominant colour and it is the same size, 72 x 156 mm.   The note contains new security features to help people…

Iceland may replace smallest banknote

Banknotes, News

The Central Bank of Iceland has revealed that it is considering replacing the 500 kroner banknote with a coin and discontinuing the 1, 5 and 10 kroner coins, the three lowest value coins in its series. The Bank’s annual report published last week explained that due to the fact that inflation has remained at a…

Lebanon launches new Safeguard™ polymer banknote

Banknotes, News

The Banque du Liban has launched a new commemorative polymer banknote produced on De La Rue’s Safeguard™ polymer substrate. The 50,000 LBP note has been issued to celebrate the 50th anniversary of the founding of the Banque du Liban. The note includes a clear window which incorporates De La Rue’s SPARK® Orbital™ feature in the…

Falkland Islands

Argentina launches commemorative Falklands banknote

Banknotes, News

Argentina has launched a new 50-peso banknote featuring a map of the Falkland Islands to commemorate the 32nd anniversary of the invasion of the islands. The note was presented by the Argentinian president Cristina Kirchner in Buenos Aires. The value of the new note is around £4 (US $7). The front of the note displays…

Europa

New Europa €10 banknote announced

Banknotes, News

The European Central Bank (ECB) has today issued a press release announcing the new €10 banknote. The new banknote, part of the recently released Europa series, will begin to circulate on the 23rd September 2014, allowing retailers and other cash handlers time to prepare for its release into circulation. The new banknote design will gradually…

Europa

ECB launches €10 banknote competition

Banknotes, News

The European Central Bank (ECB) is due to unveil the new €10 banknote in January 2014 and is expected to begin circulating later in the year. To promote the banknote’s security features, the ECB is holding an online competition for all European Union (EU) residents over 18 years old. Participants need to guess 4 of…