Got on on Sunday. Are the other notes changing also.
2007-03-18 23:42:02 · 7 answers · asked by Anonymous in Business & Finance ➔ Other - Business & Finance
it should be more difficult to make 'good' forgeries, which will pass at financial institutions.
there is a whole world of difference between the average knock-off forgery which would barley pass inspection at the local chip shop, and the sophisticated forgeries using high grade banknote paper. It is this latter type of forgery which the new banknotes are designed to combat
2007-03-18 23:50:56 · answer #1 · answered by Vinni and beer 7 · 0⤊ 0⤋
The increase of activity coupled with more sophisticated techniques,and quality of counterfeit product(money)generated in recent years demands the change.The higher the demand for currency from countries whoes economy is stable and growing makes those countries currency more attractive to forgers."Link"
2007-03-19 06:55:19 · answer #2 · answered by Sweet Willy 3 · 0⤊ 0⤋
There is a new £20 note to make it harder for them to be forged! (think thats how you spell it) The old notes are going to be phased out.
In australia the money is plastic you know, making it impossible to be copied!
2007-03-19 06:50:47 · answer #3 · answered by ♥Lexi♥ 3 · 1⤊ 0⤋
no only the £20 is changing at the minute.. these are the most forged notes that's why they change quite regular... what difference does it make what they look like as long as it's spendable
2007-03-19 06:47:09 · answer #4 · answered by lion of judah 5 · 2⤊ 0⤋
The old ones are suppose to be easy to copy.
2007-03-22 11:42:45 · answer #5 · answered by Ollie 7 · 0⤊ 0⤋
dont know but i think that they look crap. and look fake a bit like play money. i like the old 1s
2007-03-19 06:45:22 · answer #6 · answered by shell 5 · 1⤊ 0⤋
Maybe they are harder to forge
2007-03-19 06:47:24 · answer #7 · answered by ? 4 · 0⤊ 0⤋