Local NewsNews New banknotes going into circulation on Monday by Barbados Today 04/12/2022 written by Barbados Today Updated by Desmond Brown 04/12/2022 1 min read A+A- Reset Share FacebookTwitterLinkedinWhatsappEmail 344 Barbados’ new banknotes will go into circulation on Monday, December 5. The notes, which will have a new design and are made of polymer, will last longer in circulation and will be harder to counterfeit. “Starting on December 5, we will be issuing notes from the new series to commercial banks, who will then make them available to their customers,” revealed Octavia Gibson, Director, Currency and Payments Oversight at the Central Bank of Barbados. “Members of the public will not be able to come directly to the Central Bank to get the new notes,” she added. Gibson also confirmed that Barbadians would still be able to use older notes after the new ones go into circulation. “As we switch from paper banknotes to polymer ones, the old notes will remain legal tender and can continue to be spent. Businesses should therefore continue to accept them,” she stated. The Central Bank first announced that it would be changing the design of the banknotes back in April. Since then, the organisation, the sole issuer of Barbados’ national currency, has embarked on an education campaign to prepare the public for the change Barbados Today Stay informed and engaged with our digital news platform. The leading online multimedia news resource in Barbados for news you can trust. You may also like Huge interest in Rally Barbados 08/02/2025 Mayers helps Barishal to BPL title 08/02/2025 Fisheries Bill set to reform industry with finance, training boost 08/02/2025