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Monday, July 14, 2025

Bankers Association in support of polymer $100 note

by

2046 days ago
20191206

The Bankers As­so­ci­a­tion of Trinidad and To­ba­go (BATT) has giv­en its full sup­port for the de­ci­sion to re­place the ex­ist­ing $100 note with a new poly­mer one.

The as­so­ci­a­tion is­sued a news re­lease on the de­vel­op­ment.

Here is the full state­ment:

The Bankers As­so­ci­a­tion of Trinidad and To­ba­go (BATT) notes and wel­comes the pub­lic com­mu­ni­ca­tions and an­nounce­ments made by the Cen­tral Bank of Trinidad and To­ba­go(CBTT), and by the Ho­n­ourable Min­is­ter of Na­tion­al Se­cu­ri­ty, con­cern­ing the in­tro­duc­tion of the new poly­mer $100 note to re­place the ex­ist­ing $100 note in cir­cu­la­tion.

BATT un­der­scores the im­por­tance of this ini­tia­tive as part of a na­tion­al strat­e­gy to im­prove the se­cu­ri­ty fea­tures of the $100 note, by up­grad­ing the ca­pac­i­ty to pro­tect against forgery and to fa­cil­i­tate its use by the vi­su­al­ly im­paired. Ac­cord­ing to BATT Pres­i­dent Karen Dar­basie “The dura­bil­i­ty and ro­bust se­cu­ri­ty fea­tures of the new note are aligned to best prac­tice in glob­al cur­ren­cy de­sign.”

As in­di­cat­ed by the Min­is­ter of Na­tion­al Se­cu­ri­ty, ef­fec­tive Mon­day 9th De­cem­ber 2019 both the ex­ist­ing and the new notes will be in cir­cu­la­tion.

BATT ful­ly sup­ports the change and as­sures mem­bers of the pub­lic that there will be no dis­rup­tion to their busi­ness and per­son­al trans­ac­tions dur­ing the pe­ri­od of tran­si­tion.


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