Get to Know Canada’s First Vertical Bank Note

  • Page Views 530
  • Canada’s new $10 bank note will begin to appear in cash transactions late this year.

    Designed to stand apart, it’s the first vertical note issued by the Bank of Canada, and features the portrait of social justice defender Viola Desmond.

    Here’s what businesses and cash users need to know about this new $10 bill.

    It Pays to Check

    As with Canada’s other notes, the new $10 has bold security features, ensuring that Canadians can use it with confidence. That’s why the Bank issues new notes – to stay ahead of counterfeiting threats and to keep pace with advances in technology.

    But remember, bank notes are only secure if you check them. Routinely checking all notes—no matter which series or value—allows you to intercept counterfeits and keep them out of circulation.

    The security features on Canada’s vertical $10 note are quick and easy to check:

    • Feel the smooth, unique texture of the note. It’s made from a single piece of polymer with some transparent areas.
    • Feel the raised ink on the front of the note, namely on the portrait, the word “Canada” and the large number ‘10’ at the bottom.
    • Look at the detailed metallic images and symbols in and around the large transparent window.
    • Look at the pattern in the eagle feather. Tilt the note to see the colour shift from gold to green.
    • Flip the note to see the elements inside the large window repeated in the same colours and detail on the other side.

    The new $10 note will be rolled out gradually and circulate alongside the other polymer $10 notes. Unlike the special $10 note issued for Canada’s 150th anniversary in 2017, printed in a limited quantity to mark this historical milestone, the vertical $10 note will be the regular $10 note produced for years to come.

    Helping Businesses Prepare

    Business owners may be wondering what this new $10 note means for their cash-handling equipment. The vertical $10 has been designed to minimize the impact on the cash-handling industry and maintains the same functional features as current polymer notes. Equipment owners and renters should contact their suppliers with questions about machine compatibility.

    A Look Ahead – What Comes Next

    With the release of this new $10 note, the Bank of Canada’s approach to issuing bank notes is changing. Rather than issuing all five denominations within a short time frame, a new note will be released every few years. This will allow the Bank to integrate the latest security features each time a new bank note is issued, ensuring that Canadians can continue to use their bank notes with confidence.

    For free, downloadable materials to help businesses train their staff, visit www.bankofcanada.ca/retailers.
    For more information, contact us at 1-800-303-1282 or info@bankofcanada.ca.

    Follow the Bank on Twitter (@bankofcanada) for the latest news about Canadian bank notes.

    The Bank of Canada Museum is on Facebook! Follow, like and share the latest information about Canada’s upcoming $10 bank note and much more: @BoCMuseum.

    Share

    New Posts Recently publish post More

    • 19 January 2019
      3 hours ago No comment

      “I want to prove something,” says Pacquiao on eve of Broner fight

      LAS VEGAS – It’s often said that life begins at 40. For Manny Pacquiao, being 40 years old could be a new beginning. On the eve of his January 19 fight with American boxer Adrien Broner, Pacquiao said that he is intent on doing something. “I have something to ...

    • 19 January 2019
      7 hours ago No comment

      Overweight Filipino boxer Jhack Tepora fails to make Pacquiao-Broner undercard

      LAS VEGAS – Tinimbang pero sobra. Jhack Tepora came to the weigh-in with extra pounds, and the pride of Cebu paid for it dearly. Tepora was stripped of his interim WBA featherweight belt after failing to make 126-pound weight limit on Friday (January 18). Tepora was also disqualified from ...

    • 18 January 2019
      1 day ago No comment

      4 Pinoy boxers fight in undercard matches in Pacquiao-Broner brawl

      LAS VEGAS – Manny Pacquiao isn’t the only fighter who will carry the Philippine colours on Saturday (January 19). Four Filipino sluggers will also enter the ring at the MGM Grand Garden Arena in their own quests for boxing glory. One of them is WBA interim-featherweight champion Jhack Tepora. ...

    • 17 January 2019
      3 days ago No comment

      AWARD-WINNING FILIPINA POP SINGER FROM JAPAN, ANALYN ALMERINO, TO PERFORM IN RICHMOND ON FEB 9:YOUR CHANCE TO WIN FREE TICKETS

      Analyn Almerino is just 19, but she has already taken first place in two nationally televised singing competitions in Japan. On Feb 9, she will be giving a solo concert in her North American debut, at the Cultural Centre in Richmond, BC. Born in the Philippines, Analyn’s family moved ...

    • 17 January 2019
      3 days ago No comment

      Brillante Mendoza’s acclaimed ‘Alpha’ arrives in cinemas

      The “Alpha” team, led by Mendoza and actors Allen Dizon, Elijah Filamor, and Baron Geisler, came in full force to support the film that had brought honor to our country in international film festivals. FDCP Chairperson Liza Dino, Solar Entertainment General Manager Butch Ibanez, SM Cinema VP for Corporate ...

    %d bloggers like this: