New NIS 200 bill to enter circulation Dec 23

NIS 200

The Bank of Israel announced today that the new blue bill will be distributed from next Wednesday.

Governor of the Bank of Israel Dr. Karnit Flug announced today that next Wednesday, December 23, the new NIS 200 banknote will be distributed to the public. This is the second banknote of the new series of banknotes, after the NIS 50 bill has already been replaced, and it will be distributed through commercial bank tellers, automated teller machines, and postal company branches. The new bill is blue and bears a portrait of the Israeli poet Nathan Alterman.

Flug said, “The launch of a new banknote is a special event, for the Bank of Israel, the State, and for the public. The fact that most of the public is confident in the trustworthiness of the banknotes in circulation is not always self-evident. The new series of banknotes makes use of advanced technology, and incorporates high standards of security, innovation, and accessibility. I am proud that the new series of banknotes was planned and produced with designated solutions for the blind and vision impaired.”

Bank of Israel director general Hezi Kalo said, “The security features are intended for the general public, and were planned that wayone does not need to be an expert on banknotes in order to verify that they genuine. It is enough to look for a moment at the golden book, the glittering stripe, or the watermark, to feel the raised ink, or to see the menorah symbol when tilting the banknote. We call to the public’s attention the prominent security features - secure by design.”

Published by Globes [online], Israel business news - www.globes-online.com - on December 16, 2015

© Copyright of Globes Publisher Itonut (1983) Ltd. 2015

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