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SARB adds new security feature to Mandela banknotes

SARB adds new security feature to Mandela banknotes

Photo by Reuters

6th November 2013

By: Creamer Media Reporter

  

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The South African Reserve Bank (SARB) has introduced a new security feature, as part of a refresher campaign, in the form of little dots on the front and back of all Mandela banknotes to coincide with the November 6, 2012, anniversary of the banknote series.

“Enhancing features on banknotes is an ongoing process to maintain the highest level of quality and security. This is in line with international best practice,” explained SARB governor Gill Marcus.

Banknotes with this new security feature would gradually be introduced from November 6, 2013. All current Mandela banknotes and the “Big 5” banknotes remain legal tender and would continue to cocirculate, noted SARB.

The refresher campaign would be publicised through television and radio advertisements, online media and social media platforms.

SARB said members of the public were encouraged to continue to look at, feel and tilt the banknotes to check for a combination of security features.

Edited by Tracy Klückow
Creamer Media Contributing Editor

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