Banknote

A banknote (often known as a bill, paper money, or simply a note) is a type of negotiable instrument known as a promissory note, made by a bank, payable to the bearer on demand. Banknotes were originally issued by commercial banks, who were legally required to redeem the notes for legal tender (usually gold or silver coin) when presented to the chief cashier of the originating bank. These commercial banknotes only traded at face value in the market served by the issuing bank. Commercial banknotes have been replaced by national banknotes issued by central banks.

National banknotes are generally legal tender, meaning that medium of payment is allowed by law or recognized by a legal system to be valid for meeting a financial obligation. Historically, banks sought to ensure that they could always pay customers in coins when they presented banknotes for payment. This practice of "backing" notes with something of substance is the basis for the history of central banks backing their currencies in gold or silver. Today, most national currencies have no backing in precious metals or commodities and have value only by fiat. With the exception of non-circulating high-value or precious metal issues, coins are used for lower valued monetary units, while banknotes are used for higher values.

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Latest News for: banknote

To cripple Hamas’s cash wealth, Israel should invalidate Gaza banknotes, expert says

Virtual Jerusalem 29 Apr 2025
The proposal calls on Bank of Israel head, whose signature appears on the notes, to cancel the specific series transferred to Gaza.| �Read More��JPost.com – Homepage ....

The Bank of Israel’s response to the NIS 200 banknote matter: Cancellation of the banknote is not being discussed (Bank of Israel)

Public Technologies 28 Apr 2025
) The Bank of Israel's response to the NIS 200 banknote matter. Cancellation of the banknote is not being discussed. The Bank of Israel's response to the NIS 200 banknote matter. Cancellation of the banknote is not being discussed.

New banknotes as part of currency reform: Lebanon to introduce LBP 500,000 and LBP 1 million bills

LBC International 27 Apr 2025
Report by Lea Fayad, English adaptation by Yasmine Jaroudi  ... So far, no decision has been made regarding the total amount of new currency to be printed or the final design of the new banknotes.  ... .

POLLARD BANKNOTE AWARDED CONTRACT TO SUPPLY NORSK TIPPING'S EINSTANT FLAX GAMES

Canada Newswire 23 Apr 2025
WINNIPEG, MB, /CNW/ - Pollard Banknote Limited ("Pollard Banknote"; (TSX ... Pollard Banknote has been honoured to serve Norsk Tipping as a trusted partner for digital games since 2017 ... About Pollard Banknote ... SOURCE Pollard Banknote Limited.

Discover India's Heritage Through Its Banknotes: UNESCO Sites on Indian Currency

The Times of India 16 Apr 2025
Each Indian banknote is more than just currency—it carries a piece of the country’s rich history ... The RBI introduced the ₹200 banknote featuring the Sanchi Stupa on August 25, 2017, as part of the ...

The BNB published statistical data on the structure of banknotes and coins in circulation for March 2025 (Bulgarian National Bank)

Public Technologies 15 Apr 2025
The BNB published statistical data on the structure of banknotes and coins in circulation for March 2025.

Banknote maker De La Rue sold to US buyout firm for �263m

London Evening Standard 15 Apr 2025
The more than 200-year-old company, which is based in Basingstoke, will be taken off the London Stock Exchange and acquired by Atlas ... .

U.K. Banknote Printer De La Rue Accepts $347 Million Takeover Bid by Atlas

Wall Street Journal 15 Apr 2025
The company agreed to a $347 million takeover by U.S. buyout firm Atlas Holdings, signaling the end of its nearly 80-year listing on the London Stock Exchange ... .

Bidding war for banknote printer De La Rue may be heating up

The Guardian 15 Apr 2025
A bidding war could be heating up for De La Rue, the 200-year-old British firm that prints banknotes for the Bank ...

Banknote printer De La Rue leaps as City financier sparks takeover battle

This is Money 15 Apr 2025
The 211-year-old banknote printer yesterday backed a 130p a share offer worth £263million from buyout company Atlas Holdings ... ....

Banknote printer’s art of the deal

The Times/The Sunday Times 15 Apr 2025
Well, this should clinch a UK-US trade deal. An American company looks poised to be printing the Bank of England’s banknotes. Yes, our plastic tenners with King Charlie’s ’ead on them. What more could Donald Trump possibly want? ... .
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