ECCB To Release EC Polymer Five-Dollar Note By End Of March 2021

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On Another ECCB Dispatch, the polymer five-dollar note will be released by the end of next month.

The ECCB launched its family of polymer EC notes in May last year, firstly with the 50-dollar denomination.

The 100, 20 and 10-dollar notes followed shortly afterwards.

The release of the five-dollar, which was initially projected for September last year, has been delayed, due to a decrease in demand for the note.

The Acting Director of the Currency Management Department at the ECCB, Rosbert Humphrey, says although five-dollar notes are in circulation more than any other denomination, it’s the least demanded note.

Humphrey further explains that the polymer five-dollar notes may not be issued in all of the ECCB member countries at the same time, since the commercial banks in each country have a different level of stock, which would determine when the new notes are released.

Humphrey also encourages the Eastern Caribbean public to continue taking care of the polymer banknotes.

 

 

Acting Director of the Currency Management Department in the ECCB, Rosbert Humphrey.

 

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