Monday 22 April, 2019

Poll: Five benefits of the new EC dollars

New EC polymer notes

New EC polymer notes

The new Eastern Caribbean (EC) paper bills not only look different but they have improvements as well.

Here are the five key benefits of the new polymer notes.

1.     The notes are difficult to counterfeit.

2.     They are resistant to water and other liquids.

3.     They are resistant to dirt and moisture. 

4.     The notes are durable, difficult to tear and last longer than paper notes.

5.     These notes are eco-friendly

When you travel in the Caribbean do you change money to EC?

Yes
51%
No - I use US dollars
38%
No - I use my VISA debit or credit card only when travelling
11%

Warnings

The Eastern Caribbean Central Bank (ECCB), which issues the Eastern Caribbean (EC) dollar, warned users about how to treat the new polymer notes.

1. The notes should not be ironed nor should other forms of heat be applied

2. Do not leave them exposed to hot temperatures for extended periods.

3. Creasing, crumpling, acute folding or stapling of the notes are also to be avoided.

4. The notes can be flattened, crumpled or creased by applying pressure to them or curling them in one’s hand.

5. They could be repaired, if torn, with clear tape and can be used again.

Get the latest local and international news straight to your mobile phone for free: