Polymer notes succesful in thwarting counterfeiters

One of the prime reasons for a central bank to introduce polymer banknotes is the added security 'plastic' money provides. But is this really true? Counterfeit polymer notes have been popping up here and there.

In general however the claim appears to be true. The Bank of Canada has announced that the number of counterfeited notes have dropped by 90% since the introduction of the polymer series. Of course counterfeiters will always try to, literally, make money but it appears that the polymer notes are indeed a bit harder to replicate.

Steven Thursday 13 February 2014 at 08:21 am | | links
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