According to the Bank of Canada...

Started by Princess

Princess

I just came from Calgary Chamber of Commerce lunch with David Dodge. According to the Regional Director, when circulation bills come to the Bank of Canada they send them through a scanner that detects wear, tear…and writing.

If a bill has a lot of writing, or writing that covers one of their counterfeit measures, they take it out of circulation. Good to note when marking bills.

Out of curculation = no more hits!

Pooga

writing that covers one of their counterfeit measures

And what are the measures that we should avoid?

Pooga

I just came from … lunch with David Dodge

I saw a picture of him at that luncheon in today's paper.

Are you the one who gave him the basket of cookies???

Idjit

Probably if you stamp over the holograms on the 20's and up, or the invisible number on the front lower left corner of the 'journey' bills- stuff like that. There are still areas that can be stamped for sure.
The good news is that the B of C doesn't destroy everything that the banks send it. They scutinize the bills with the method Princess described, and then return the good ones back to circulation. This corroborates what I have heard elsewhere…

dr

The measures Princess was talking about would include thing like (this is off the top of my head):

  • raised lettering
  • the raised dots (journey series)
  • the scratchable dots (bird series)
  • the hologram number thing
  • the writing that only shows up under black light
  • hidden number (journey series)

Of course, the best place to find all the info is from the horse's mouth [www.bankofcanada.ca].
-dr

Princess

Does that count for them being stamped?

Yes it does – though he said that if you stick to the edges and avoid the counterfeit measures the scanner will not pick it up.

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