Anyone interested in learning details surrounding the delayed introduction of the United States’ new 100-dollar note should read the Office of Inspector General’s Audit Report dated 24 January 2012: OIG-12-038 BILL MANUFACTURING: Improved Planning and Production Oversight Over NexGen $100 Note Is Critical. Courtesy of Mark A. St. Pierre.Read More…
According to an article in the Manila Bulletin dated 11 January 2012, the Security Printing Complex (SPC) division of Bangko Sentral ng Pilipinas (BSP) will begin locally printing the New Generation Currency (NGC) family of banknotes in Q1 2012, revising previous plans of printing the new bills starting in DecemberRead More…
Malaysia’s central bank, Bank Negara Malaysia, has settled on the printers of its fourth series of ringgit banknotes which will have improved security features to overcome counterfeiting. Deputy Finance Minister Datuk Donald Lim said the suppliers for the new banknotes were Crane AB of Sweden, Giesecke & Devrient GmbH ofRead More…
Check out this BBC article dated 21 September 2011, discussing the details of Landqart AG, a Swiss firm which produces security paper for the banknote industry. The article contains a lot of fascinating details and has several embedded videos, too. Be sure to check out the Related Stories links atRead More…
The United Nations has approved the release of 1.86 billion (US$1.5 billion) worth of Libyan dinar banknotes printed by De La Rue. The notes had been held in the UK under sanctions imposed on the Gaddafi regime, but will now be delivered to the Central Bank of Libya. Courtesy ofRead More…
According to an Associated Press report dated 5 August 2011, OeBS (Oesterreichische Banknoten- und Sicherheitsdruck, Austria) is reviewing its contract to provide banknotes to the Central Bank of Syria. The Austria Press Agency reported that printing company OeBS—a subsidiary of Oesterreichischen Nationalbank, Austria’s central bank—has nearly completed the 2008 contractRead More…
According to a press release issued by the Philippine Information Agency dated 20 July 2011, the new banknotes introduced by Bangko Sentral ng Pilipinas (BSP) on 16 December 2010 were printed by an undisclosed French firm (most likely Oberthur Technologies), but that upgrades to the Security Plant Complex in QuezonRead More…
According to an article in Times Live dated 9 July 2011, the South African Reserve Bank has outsourced printing of the 100-rand note to Sweden following the discovery of missing security features on notes previously printed by the SA Bank Note Company. Other problems with other denominations have left theRead More…
There’s an interesting article in The New York Times dated 6 July 2011 entitled, “As Plastic Reigns, the Treasury Slows Its Printing Presses,” which discusses the reduced output of banknotes at the BEP in response to the shift to using credit cards for payments, though the death of cash likelyRead More…
According to a Manila Bulletin article dated 23 March 2011, Bangko Sentral ng Pilipinas (BSP) is reordering new 500-peso (US$11.50) and 1,000-peso (US$23) notes from Oberthur Technologies. The first order was for 20-peso, 50-peso, 100-peso, and 200-peso notes, of which only a small number have been issued since their introductionRead More…