Author: Jeevan A. Robinson - MNI Media | Date: 22 January 2019
A new family of bank notes is coming soon to the Eastern Caribbean Currency Union (ECCU) to be issued by the Eastern Caribbean Central Bank (ECCB).
The bank notes known as polymer notes have been announced by the ECCB, and they will be the first central bank in the Caribbean region to issue an entire family of these notes.
Polymer notes have already been in circulation in Canada since 2011:
In Scotland, polymer notes were issued in 2016, and similarly, the Bank of England issued polymer notes also in 2016. Whereas in the Caribbean, Trinidad and Tobago issued a polymer $50 commemorative note in 2014.
Polymer notes are expected to enter circulation within the ECCU as indicated by the ECCB below:
The changes introduced with these polymer notes as compared to the previous notes have also been explained:
A media campaign has been launched by the ECCB to educate and inform the public as to the arrival of these new polymer notes for the currency union;
ECCU member countries that will be using these new notes are: Anguilla, Antigua and Barbuda, Dominica, Grenada, Montserrat, St Kitts and Nevis, St Lucia and St Vincent and the Grenadines.
The ECCB also provided some tips in handling these new polymer notes as outlined: