The latest GH5 note, which was printed this year, and circulates alongside the existing GHc5, was for the Bank to mark 60 years of its establishment on 4th March 1957.

The new notes came with unique features, which according to Catherine Ashiley meets the requirements of modernism bank notes.

The new note has a security thread which when tilted; the Black Star motif makes a pulsating motion, while the white figure 5 on the ribbons stays still.

[contextly_sidebar id=”bcIX41GYzgalS3plYe7bwULUKudLq0DD”]The note for the first time has a QR Code; readable by a mobile phone app, which when scanned leads you to the official website of the Bank of Ghana where details of the note are explained.

She said aside engraving some of the best security features to prevent counterfeiting; the notes have been made much user friendly, especially for the visually impaired with the re-positioning of the blind feature to the sides.

The blind feature on the sides came in the form of tactile marks, paired in groups of three. The three marks and three groups she explained, denote the new bank note as the third denomination printed by the Central Bank in the series of denominations.

Speaking at the sensitization forum on the new notes in Hohoe, the Adviser called on Ghanaians just as demonstrated by citizens of other nations, to appreciate the efforts that went into designing of the new notes and keep them clean always for transactions.

Commemorative Bank Notes are legal tenders that are issued by the state to mark a special event or to celebrate a hero.

The new GH5, which had the portrait of the famous Educationist and Missionary, Dr. James Kwegyire Aggrey engraved on it, was brought in as a one off print with a limited stock.

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By: King Norbert Akpablie/citifmonline.com/Ghana

The post Other countries like new GHc5 note – BoG appeared first on Citi 97.3 FM - Relevant Radio. Always.

The Bank of Ghana, as part of activities commemorating its 60th year celebration introduced a new Gh5 note.

The new note which was introduced and circulated on March 7th 2017 has the portrait of Dr. James Emmanuel Kwegyir Aggrey at its front view and a Floating Production Storage and Offloading platform at its back.

What is unique about the note is the enhanced security features it is made of.

Speaking at the program, the head of currency management at Bank of Ghana, Edward Mussey said they chose Dr. Aggrey in appreciation of his contribution towards education in Ghana and beyond.

“You know Dr. Aggrey he was a scholar by excellence, a visionary and a great philosopher who did so much to enhance education in Ghana and beyond especially in West Africa and South Africa. He is also known for several important statements, famous of them are “if you educate a man, you educate an individual but if you educate a woman, you have educated a family and or a nation…. That is why Bank of Ghana chose to honour this great man by having his portrait on the new Gh5 note.

On the features of the new note, Mr. Mussey noted that, the durability of the Gh 5 is unique referencing the enhanced security features that comes with it.

He said users of the new note must check for the authenticity of the note by looking out for the iridescent band which becomes apparent when note is tilted, QR Code which when scanned leads to special bank of Ghana website that explains the details of the bank note, optically variable ink which also changes the colour of the figure 5 at the top left from green to blue when tilted, and the tactile mark which also assist the visually impaired among other 21st security features.

He assured the public of constant engagement which will help facilitate notes handling etiquette and detecting “fake” currencies.

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By: Obrempong Yaw Ampofo/citifmonline.com/Ghana

The post BoG educate journalists about new Gh5 note appeared first on Citi 97.3 FM - Relevant Radio. Always.