{"id":2184,"date":"2019-01-17T06:33:03","date_gmt":"2019-01-17T06:33:03","guid":{"rendered":"http:\/\/annsvg.com\/?p=2184"},"modified":"2019-01-17T06:33:07","modified_gmt":"2019-01-17T06:33:07","slug":"new-ec-bank-notes-to-be-issued-in-june","status":"publish","type":"post","link":"https:\/\/annsvg.com\/index.php\/2019\/01\/17\/new-ec-bank-notes-to-be-issued-in-june\/","title":{"rendered":"New EC Bank Notes to be issued in June"},"content":{"rendered":"\n<p class=\"wp-block-paragraph\"><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">From cotton paper to polymer: the EC dollar will make this\ntransition by May\/June this year beginning with new fifty dollar notes.<\/p>\n\n\n\n<ul class=\"wp-block-gallery columns-1 is-cropped wp-block-gallery-1 is-layout-flex wp-block-gallery-is-layout-flex\"><li class=\"blocks-gallery-item\"><figure><img fetchpriority=\"high\" decoding=\"async\" width=\"1280\" height=\"720\" src=\"https:\/\/i2.wp.com\/annsvg.com\/wp-content\/uploads\/2019\/01\/Rosbert-Humphrey-ECCB.jpg?fit=1024%2C576\" alt=\"\" data-id=\"2185\" data-link=\"https:\/\/annsvg.com\/?attachment_id=2185\" class=\"wp-image-2185\" srcset=\"https:\/\/annsvg.com\/the-content\/uploads\/2019\/01\/Rosbert-Humphrey-ECCB.jpg 1280w, https:\/\/annsvg.com\/the-content\/uploads\/2019\/01\/Rosbert-Humphrey-ECCB-300x169.jpg 300w, https:\/\/annsvg.com\/the-content\/uploads\/2019\/01\/Rosbert-Humphrey-ECCB-768x432.jpg 768w, https:\/\/annsvg.com\/the-content\/uploads\/2019\/01\/Rosbert-Humphrey-ECCB-1024x576.jpg 1024w\" sizes=\"(max-width: 1280px) 100vw, 1280px\" \/><figcaption>Rosbert Humphrey Director (Ag) <br>Currency Management Department at the Eastern Caribbean Central Bank (ECCB)<\/figcaption><\/figure><\/li><\/ul>\n\n\n\n<p class=\"wp-block-paragraph\">According to Rosbert Humphrey, Director (Ag.) of the Currency\nManagement Department at the Eastern Caribbean Central Bank (ECCB), the move to\npolymer has a range of benefits the chief being that the EC dollar will be\nalmost impossible to counterfeit.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Humphrey and his colleague Shermalon Kirby, Adviser of the\nCorporate Relations Department at the ECCB, visited St. Vincent and the\nGrenadines between January 10th and 11th, 2019 to meet with and engage target\ngroups on this development. <\/p>\n\n\n\n<ul class=\"wp-block-gallery columns-1 is-cropped wp-block-gallery-2 is-layout-flex wp-block-gallery-is-layout-flex\"><li class=\"blocks-gallery-item\"><figure><img decoding=\"async\" width=\"1280\" height=\"720\" src=\"https:\/\/i2.wp.com\/annsvg.com\/wp-content\/uploads\/2019\/01\/shermalon-Kirby-ECCB1.jpg?fit=1024%2C576\" alt=\"\" data-id=\"2186\" data-link=\"https:\/\/annsvg.com\/?attachment_id=2186\" class=\"wp-image-2186\" srcset=\"https:\/\/annsvg.com\/the-content\/uploads\/2019\/01\/shermalon-Kirby-ECCB1.jpg 1280w, https:\/\/annsvg.com\/the-content\/uploads\/2019\/01\/shermalon-Kirby-ECCB1-300x169.jpg 300w, https:\/\/annsvg.com\/the-content\/uploads\/2019\/01\/shermalon-Kirby-ECCB1-768x432.jpg 768w, https:\/\/annsvg.com\/the-content\/uploads\/2019\/01\/shermalon-Kirby-ECCB1-1024x576.jpg 1024w, https:\/\/annsvg.com\/the-content\/uploads\/2019\/01\/shermalon-Kirby-ECCB1-1200x675.jpg 1200w\" sizes=\"(max-width: 1280px) 100vw, 1280px\" \/><figcaption><br>Shermalon Kirby, Adviser of the Corporate Relations Department at the ECCB<\/figcaption><\/figure><\/li><\/ul>\n\n\n\n<p class=\"wp-block-paragraph\">While in SVG, the ECCB Representatives met with persons from\nInsurance Companies and Credit Unions, Commercial Banks, Government Revenue and\nCollection Agencies, Money Transfer Services and Supermarkets, Counterfeit\nExperts and the Media. <\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Following the release of the new polymer fifty dollar notes\nin May\/June, new tens, twenties, and hundreds will be issued in\nAugust\/September and new fives will follow in 2020. Humphrey explained that the\nreason for the time difference depends on the existing stock of notes in the\nvault. He said that the ECCB will not be withdrawing paper notes and putting\npolymer into circulation. Rather, as soon as a denomination is depleted, they\nwill put polymer in circulation and both will co-circulate until the paper\nnotes completely phase out, he explained.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Some major changes to the new EC polymer notes include a\nportrait orientation instead of the landscape orientation of the paper notes\nand the addition of modernized images and landmarks from the Eastern Caribbean.\nAdditionally, a unique tactile feature, that is a combination of raised bumps,\nhas been added to each of the new bank notes; a circle on the fives, an X on\nthe tens, a rectangle on the twenties, a triangle on the fifties and a square\non the hundreds. This is mainly to cater for the blind and visually impaired so\nthey can now feel the unique feature on the note and know what their bank notes\nare. Additionally, the new fifties will now have a picture of the Pitons in St.\nLucia and a picture of former ECCB Governor the late Sir K. Dwight Venner. <\/p>\n\n\n\n<p class=\"wp-block-paragraph\">At the meeting with the media and counterfeit experts,\nShermalon Kirby passed out samples of the new EC polymer notes for persons to\nexamine. She said that the ECCB will roll out a major sensitization and\nawareness campaign across the Eastern Caribbean Currency Union ahead of the\ntransition from cotton paper to polymer EC bank notes.\n\n\n\n\n\nl<\/p>\n","protected":false},"excerpt":{"rendered":"<p>From cotton paper to polymer: the EC dollar will make this transition by May\/June this year beginning with new fifty dollar notes. According to Rosbert Humphrey, Director (Ag.) of the Currency Management Department at the Eastern Caribbean Central Bank (ECCB), the move to polymer has a range of benefits the chief being that the EC<\/p>\n","protected":false},"author":8,"featured_media":2186,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_feature_clip_id":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_post_was_ever_published":false},"categories":[2,6],"tags":[],"class_list":["post-2184","post","type-post","status-publish","format-standard","has-post-thumbnail","category-news","category-regional-and-international-news"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.9 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>New EC Bank Notes to be issued in June - Asberth News Network<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/annsvg.com\/index.php\/2019\/01\/17\/new-ec-bank-notes-to-be-issued-in-june\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"New EC Bank Notes to be issued in June - Asberth News Network\" \/>\n<meta property=\"og:description\" content=\"From cotton paper to polymer: the EC dollar will make this transition by May\/June this year beginning with new fifty dollar notes. 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