Moments of note: 2019 in review
20 December 2019
Throughout 2019, CCL Secure has worked with central banks and other suppliers to release several new Guardian polymer notes. Other milestones included award recognition from the International Association of Currency Affairs, hosting informative events around the world, establishing a charitable fund in the UK and furthering our work with the Bank of England to provide substrate for future polymer notes.
New Guardian notes
The Reserve Bank of Australia unveiled the design of its new $20 Guardian polymer note early in the year, which was then issued in October. We have worked closely with the bank as part of the Next Generation Banknote Program that has seen them upgrade the family with new security features including the innovative top-to-bottom window.
Governor Philip Lowe said: “Improved security and ease of recognition are important characteristics of the new $20 banknote. The same innovative security features from the previously released $5, $10 and $50 banknotes have been incorporated to help keep them secure from counterfeiting.”
The Central Bank of Nicaragua released new C$500 and C$1,000 Guardian banknotes, becoming the first country in Latin America to complete a full family of notes on polymer.
The move to transition the two highest denominations had the objectives of boosting security, while meeting the public’s desire for quality high-denomination banknotes.
CCL secure also worked with the central bank, Bank Al-Maghrib, and print works, Dar As-Sikkah, in Morocco to develop a commemorative DH20 banknote on Guardian polymer substrate. The note acknowledges the 20th anniversary of His Majesty the King Mohammed VI’s accession to the throne.
The Bank of Canada’s new vertical $10 note and commemorative $10 note, both on Guardian polymer, received the highest accolades in the International Association of Currency Affairs’ 2019 Excellence in Currency Awards.
Other polymer finalists in the program included Papua New Guinea’s commemorative K100 and Uruguay’s commemorative $U50.
This year, CCL Secure hosted two informative events to educate the global community on Guardian polymer.
The first was a roundtable at the Currency Conference in Dubai. This interactive discussion saw attendees explore how we might think differently about cash to ensure it remains relevant in the payment ecosystem of the future. We also presented the third Latin American Polymer Seminar in Costa Rica, with attendees including representatives of central banks in Costa Rica, Mexico, Nicaragua, Paraguay, Guatemala and Colombia, as well as industry suppliers and government officials.
Most recently, CCL Secure’s Design Manager, Bradley Booth, took to the stage at the High Security Printing (HSP) Asia conference to unveil a special Guardian note celebrating the substrate’s 30-year history. The note was produced alongside Note Printing Australia (NPA).
The joint presentation with NPA’s Head of Marketing and Communications, Steve Casey, shared the full design process of creating the note.
“The design journey behind the new house note demonstrates how success can be achieved when suppliers work collaboratively. We believe the note’s features will lead to furthering the innovation and counterfeit-resilience of future circulating notes,” said Mr Booth.
CCL secure launched a new charitable fund to support communities in Cumbria, the county in which our Wigton site is based.
Managed by the Cumbria Community Foundation, the CCL Secure Fund will provide grants to volunteer and community groups that help people facing disadvantage.
Looking to the future
We were proud to enter an eight-year contract with the Bank of England, to supply the polymer substrate for the next £50 banknote and completing a full family on Guardian polymer.
The Bank of England unveiled plans for future polymer notes, including the design of the new £20 and the face of the new £50, scientist Alan Turing. The notes are set to be released in February 2020 and late 2021 respectively.
This continues CCL Secure’s ongoing work with the bank which commenced around ten years ago.