Monthly Newsletter “Banknotes of the World” #2, 2014
20.01.2014EVENTS AND ANALYSIS
INDUSTRY NEWS
Virtual Cheque
Lithuania Withdraws Litas
Pounds to Become Polymer
Hybrid Ngultrums
Fed Reshuffle
Ruined Expectations
... and Justified Hopes
Online Remittances under Control
Russian Currency Updated
Francs and Kronor on Top
Russian Post Purchasing Detectors
Banknote 2013 Award Nominees
PRACTICUM
€10: Authenticity Signs
13 Jan, in Frankfurt, the ECB presented the €10 banknote of the new Europa series. Eurozone central banks are expected to provide in April 2014 law enforcers, commercial banks and financial institutions with information on the new banknote's issue and security features. Alongside, the new €10 will reach manufacturers and cash handling equipment developers, so that by the official banknote introduction date, 23 Sep 2014, all the banking equipment would have been adopted to accepting the enhanced ECB notes.
Modified Ruble Series of Transnistrian Moldovan Republic
The Central Bank of the Transnistrian Moldovan Republic (TMR) has introduced renewed banknotes into cash circulation – a 2012 modification of 2007 denominated 10, 25, 50, 100 rubles and of 2004 denominated 200 rubles. Early 2013 introduced 1-ruble banknotes. According to official TMR information, the remaining denominations (5 and 500 rubles) will enter circulation in mid-2014.
BANKING EQUIPMENT INNOVATION
Revolution in Polymer Banknote Authentication
COVER STORY
Queer Terminal & ATM Fakes
Later last year, during cassette opening, a Moscow bank revealed a new counterfeit type for the CBR 5,000-ruble denomination.
ATM Forgeries: Precautions
Recent years have witnessed a considerable number of counterfeit banknotes criminals dispose of via automatic cash-ins. What are these fakes? How to combat them? What awaits us in the future? All this was answered by Vladimir Finogenov, Head of Currency and Counterfeiting Prevention Division at CBR Cash Circulation Dept., at the 6th International Conference "Cash Circulation: Models, Standards, and Trends" held in Moscow on 21-22 Nov 2013.
New Counterfeiting Types
Recent years have witnessed a considerable number of counterfeit banknotes criminals dispose of via automatic cash-ins. What are these fakes? How to combat them? What awaits us in the future? All this was answered by Vladimir Finogenov, Head of Currency and Counterfeiting Prevention Division at CBR Cash Circulation Dept., at the 6th International Conference "Cash Circulation: Models, Standards, and Trends" held in Moscow on 21-22 Nov 2013.
CIRCULATION CHANGES
GLOSSARY OF BANKNOTE SECURITY FEATURES
NEW BANKNOTES (Angola, Dominican Republic, Iceland, Papua New Guinea, Moldova, Rwanda, Solomon Islands, Philippines)
BANKNOTES OUT OF CIRCULATION (Latvia)
CONSOLIDATED INDEX OF CHANGES IN CURRENCY CIRCULATION: JANUARY-FEBRUARY 2014
COUNTERFEITING
CBR Currency Analysis Service Reporting...
In H2 2013, many Russian banks began seizing from their ATMs counterfeit banknotes, especially the 5,000-ruble denomination. Detected among them were fakes with quality forgery of both public features and UV/IR security. From its 2nd issue on, “Banknotes of the World” will monthly publish information by the CBR Currency Analysis Service on ATM-seized fakes.
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