Author: MNI Alive | Date: 15 August 2019
The new EC$20, EC$50 and EC$100 polymer banknotes will be available on Montserrat from tomorrow August 16th, 2019, from The Bank of Montserrat Ltd., RBC, Royal Bank of Canada and the St Patrick’s Co-Operative Credit Union Ltd.
The banknotes, which are made from a thin, flexible and transparent plastic film are said to be much cleaner than the previous paper notes, as they are more resistant to dirt and moisture. The notes are also stronger because polymer is much more durable than paper and is difficult to tear.
The notes are also said to be more secure, as they are more difficult to counterfeit as polymer allows for the inclusion of advanced security features.
According to the Eastern Caribbean Central Bank, the advanced security features on the EC polymer notes include: the unique tactile feature (raised bumps) specifically for blind and visually impaired individuals and the holographic foil strip which is on the $20, $50 and $100.
The other major features of the EC polymer notes are the portrait orientation, modernised images and landmarks and the signature of the current Governor, Timothy N. J. Antoine.
The EC$50 depicts the image of the former Governor of the ECCB, the late Sir K Dwight Venner, on the back of the note.
The current EC$20, EC$50 and EC$100 paper notes will continue to be in circulation along with the polymer notes. Therefore, in conducting your business, you may receive both polymer and paper banknotes.
Additional information on the EC Polymer notes can be obtained from the ECCB’s website: