SA banknotes now have new security feature
08 Nov 2013 10:00am
WINDHOEK, 08 NOV (NAMPA) The South African Reserve Bank (SARB) has introduced a new security feature in the form of little dots which will now appear on the front and back of all its banknotes.
The Bank of Namibia made the announcement on Friday, saying the new feature is part of a refresher campaign to mark 12 months since the introduction of the new series of former president Nelson Mandela banknotes on 06 November 2012.
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, SARB Governor Gill Marcus was quoted as saying in the statement.
The banknotes with this new security feature will be gradually introduced from 06 November 2013.
All current Mandela banknotes and the 'Big 5' banknotes remain legal tender in South Africa and Namibia, and will continue to co-circulate.
Marcus thus urged members of the public to continue to look, feel and tilt the banknotes to check for a combination of security features.