Canada's plastic $20 bill released

Nov. 7, 2012 at 10:57 AM

OTTAWA, Nov. 7 (UPI) -- The demise of Canadian paper $20 bills began Wednesday as the country's central bank began distributing high-tech polymer notes.

More than 800 million of the $20 green paper bills are in circulation, the country's most-used currency, the Toronto Sun said.

Bank of Canada spokeswoman Julie Girard told the Sun the plastic-based bills would be phased in over a 2-year span to allow "people to be comfortable with them."

She said banks and owners and operators of some 500,000 automated banking machines were given notice of the transition to plastic-based bills in 2009.

Last year, plasticized $50 and $100 bills went into circulation. By the end of 2013, the central bank will begin introducing similar $10 and $5 bills, the report said.

Related UPI Stories
Latest Headlines
Trending Stories
Chelsea Clinton accidentally calls Bernie 'President Sanders'
Watch every star-studded Super Bowl commercial of 2016
Susan Sarandon responds to Piers Morgan criticizing cleavage
Two Virginia Tech students plotted 13-year-old's death, prosecutors said
Colin Powell, Condoleezza Rice got classified email on private accounts