Faulty $50 and $100 notes in circulation

The Central Bank of Barbados today advised that a limited number of genuine $50 and $100 notes are in circulation that are missing the holographic patch – the shiny foil on the right side of the note.

“As soon we learnt of the problem, we contacted our banknote printers, De La Rue, who then conducted an internal investigation,” said Octavia Gibson, the deputy director responsible for currency at the Central Bank.

“Based on the samples we sent to them, they have confirmed that the missing holograms are the result of an error during printing.”

Gibson said based on the report from De La Rue, the number of notes affected by this printing error is small.

“We encourage anyone who believes they have received one of the defective notes to bring it to the Central Bank. Once we confirm it is indeed one of these notes, we will replace it.”

Gibson also reassured the public that it is still possible to authenticate their money without the hologram feature.

“There are many other security features you can use to confirm that the note is real, including the watermark, which is the face that appears when the note is held up to the light; and the security thread, which for the $50 and $100 changes from red to green when you tilt the note,” she said, giving examples. “But if you think you have one of the faulty notes, bring it in to us,” she said.

4 Responses to Faulty $50 and $100 notes in circulation

  1. jrsmith February 24, 2018 at 6:44 am

    Everything in Barbados is so *****d up , because we don’t have the qualified people to run the country, they cannot even run the rum shops , these people are totally out of they league…….What’s next………………..

  2. Mackar February 24, 2018 at 11:13 am

    You are right JRSmith!!

    I was of the opinion that higher education would have made us smarter, more efficient and a people who move their standards higher.

    This is not the case, when seventh standard people without all this technology was running the place, there were never high piles of garbage all over the Island, burst pipes were fixed in a day or two. no sewage was on the streets.

    And we always had money to import what we needed.

  3. jrsmith February 24, 2018 at 3:24 pm

    @, Mackar , hail, hail, right on the button , we also had a proper bus service , I remember you dare being rude to a police officer, even the bus conductor and as for a teacher at your peril………
    Funny enough then, we use to have a chance to talk to the MP for your area, now they don’t even want to ***t on you……….

  4. M.D.M. February 24, 2018 at 8:24 pm

    Returning the faulty notes to the Central Bank will incur a cost in both money and time. Not to even mention the inconvenience & embarrassment if you get turned away in a shop. If you are the unfortunate person to get such a note, will you be compensated?

    Why not make it easier for the public to return the notes to their bank?

    Should we be concerned that this is a sign of things to come? Pity if we even lost faith in our own notes at this level.


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