The Bank of Central African States (BEAC) has put into circulation new banknotes from December 15 in the six countries of the Economic Community of Central Africa.
The BEAC emphasises that these are “more compact, more modern and better secured” banknotes that it has put into circulation across Chad, CAR, Cameroon, Congo, Gabon, and Equatorial Guinea.
Emmanuel Asafor Sho, BEAC’s deputy national director for Cameroon said on Thursday, “For the production of these bills, BEAC has used technology that puts it one step ahead of counterfeiters. These bills have modern security features that are difficult to forge.”
“It is a technology that has significantly improved the quality of cash circulation by gradually replacing the bills of the 2002 range, most often worn, by new bills of the 2020 range,” he added stressing that “to ensure the authenticity of a bill, it is sufficient to apply the method “TRI”, a simple, fast and effective method that combines three gestures: Touch, Look, Tilt.
Coming 20 years after the 2002 notes, the new bills according to the Bank of Central African States were put into circulation on December 15 in accordance with the decision taken on November 7 in Douala by the Ministerial Committee of the Central African Monetary Union (UMAC).
The BEAC stressed in a statement last November that despite the introduction of new banknotes of the 2020 range, the 2002 range of banknotes remain in force across the Economic Community of Central Africa (Cemac).
