New Zealand’s new banknotes launch today

From today, Monday the 12th October, the first of New Zealand’s seventh banknote series will be issued into circulation. The new series $5 and $10 polymer banknotes are being dispensed by banks and retailers from today though only in small quantities to begin with. Around 345,000 new notes have been sent to banks to meet…

Sweden Issues New Banknote Series

Sweden’s Central Bank, Sveriges Riksbank, has now launched their new series of 20-, 50- 200- and 1,000-krona banknotes, with the 100- and 500- krona banknotes and 1-, 2- and 5-krona coins to be issued next year in October. The new banknotes were launched on the 1 October, 2015 by the bank, after working on the…

India 500 banknote

India updates notes for visually impaired

The Reserve Bank of India has issued a press release advising of new ₹500 and ₹1000 banknotes incorporating additional features for the visually impaired which it will shortly be putting into circulation. The Bank had recently released the same denominational notes with numerals in ascending size, but without bleed lines or enlarged identification marks, which…

UK banknote collection

Banknote demand grows in the UK

The Bank of England has announced that banknote demand for its notes is increasing. In an article released today, the Bank of England confirms that banknote demand is growing faster than nominal GDP. Banknotes with an estimated value of £62.6billion are thought to be in circulation, resulting in the equivalent of £1,000 in banknotes in…

Scotland banknotes

Scotland to use De La Rue Safeguard® polymer

The Royal Bank of Scotland (RBS) has chosen to use De La Rue’s Safeguard® polymer substrate for its new £5 and £10 banknote designs. RBS, which is the second largest issuer of banknotes in Scotland by volume, announced that the new designs for each note will be revealed within the coming months and intends to…

UK banknote collection

Bank of England £20 will be polymer

The Bank of England has today announced that the next design of the £20 banknote will be printed on a polymer substrate instead of traditional paper. The announcement was made by Victoria Cleland, the Bank of England’s Chief Cashier, at the Follow the Cash 2015 Conference hosted by the University of the West of England…

Thailand new 1000 baht banknote

Thailand issues 1000-baht banknote

The Bank of Thailand has issued a new 1000-baht banknote. The new note entered circulation today following an unveiling of the note by the Bank’s Governor, Mr.Prasarn Trairatvorakul, last Monday. The paper banknote contains updated security features to aid both machine and human authentication, including those with visual impairments. The updated features include: A watermark…

China 100 banknote 2015

China to issue new 100 yuan banknote

According to local news agencies, China will soon be releasing a new 100 yuan banknote. The People’s Bank of China, China’s Central Bank, is reportedly planning to release the new banknote in November this year. The new note will contain improved security features to help combat counterfeit banknotes circulating within the country, which has seen…

Maldives 5000 banknote thumbnail

Maldives issue new Safeguard® polymer banknote

The Maldives Monetary Authority (MMA), the country’s Central Bank, has issued a new commemorative banknote printed on De La Rue’s Safeguard® polymer substrate. The 5,000 Rufiyaa note, which is a new high value denomination, was issued on Monday the 27th July 2015. It is issued to mark the 50th Anniversary of independence of Maldives. The…

Euro currency

ECB releases euro counterfeit banknote info

The European Central Bank (ECB) has issued its latest information regarding counterfeit euro banknotes identified during the first half of 2015. The reported figures show a decrease in the number of counterfeit banknotes withdrawn from circulation during the first half of 2015 compared to the last half of 2014. In total, 454,000 banknotes were withdrawn…