Business

Thursday July 12, 2012

BNM: New banknotes to have latest technology


KUALA LUMPUR: The new banknotes series, which will be issued into circulation on Monday, comes with the latest banknote technology to enhance security features, Bank Negara said on Thursday.

The new technology would include shadow image, clear window, watermark portrait with pixel and highlighted numerals, colour shifting security thread, micro lens thread, perfect see-through register and coloured glossy patch, the central bank said.

Themed "Distinctively Malaysia", the latest banknotes series drew its inspiration from the country's diverse culture, heritage and nature, it said.

The bank said the visually impaired are able to use specific features such as tactile identification to identify and distinguish the different denominations.

The new banknotes series are in RM1, RM5, RM10, RM20 and RM100 denominations. The RM20 banknote is reintroduced in this new series and polymer substrate is used for the RM1 and RM5 banknotes.

"The current RM50 banknote has been issued since December 2007 and will continue to remain in circulation," it said.

Bank Negara urged the relevant parties to expedite their machine calibration to accept the new banknotes series for the people's convenience.

The new banknotes will co-circulate with the existing banknotes which remain as legal tender.Bernama

  • E-mail this story
  • Print this story
  • Bookmark and Share