What is PLASTIC OR POLYMER CURRENCY notes??
The traditional printed security features applied on paper can also be applied on polymer. These features include intaglio, offset and letterpress printing, latent images, micro-printing, and intricate background patterns. Polymer notes can be different colours on the obverse and reverse sides. Like paper currency, polymer banknotes can incorporate a watermark (an optically variable 'shadow image') in the polymer substrate. Shadow images can be created by the application of Optically Variable In ...more
Polymer banknotes also incorporate many security features not available to paper banknotes, making counterfeiting much more difficult.
An alternative polymer of polyethylene fibres marketed as Tyvek by DuPont was developed for use as currency by the American Bank Note Company in the early 1980s. Tyvek did not perform well in trials, smudging of ink and fragility were reported problems
As of 2009, seven countries have converted fully to polymer banknotes: Australia, Bermuda, Brunei, New Zealand, Papua New Guinea, Romania, and Vietnam. Other countries with notes printed on Guardian polymer in circulation include: Bangladesh, Brazil, Chile, Hong Kong (for a 2-year trial), Indonesia, Israel, Malaysia, Mexico, Nepal, Singapore, Solomon ...more
Trading as Securency, the RBA together with Innovia Films, market BOPP as 'Guardian' for countries with their own banknote printing facilities. Note Printing Australia (a subsidiary of the RBA) prints commemorative banknotes and banknotes for circulation and has done so for 20 countries.
An alternative polymer of polyethylene fibres marketed as Tyvek by DuPont was developed for use as currency by the American Bank Note Company in the early 1980s. Tyvek did not perform well in trials, smudgi ...more