New AED 100 banknote to enter circulation this week

The new note features a number of security features to combat against counterfeiters
New AED 100 banknote to enter circulation this week
By Bernd Debusmann Jr
Sun 28 Oct 2018 02:37 PM

A new AED 100 banknote will enter into circulation later this week, according to the UAE Central Bank.

An ad posted by the Central Bank in a local newspaper stated that the banknote will be introduced on Tuesday, October 30.

“The currency note will be put in circulation as legal tender, along with the [AED 100] denomination currency notes currently in circulation,” the Central Bank said in an ad in Gulf News.

According to the ad, the new notes will feature a number of new security features, including a colour-changing portion in the bottom corner of the bill that shifts from green to blue when tilted and shows a bar of light moving from top to bottom. The number ‘100’ is also included in the feature.

Additionally, the centre of the bill includes a Galaxy three-dimensional security thread, which is activated when the note is tilted.

Other features into an ‘intaglio overprint’ and the removal of the denomination value of ‘100’ at the bottom right of the bill.

UAE authorities have repeatedly warned residents about counterfeit banknotes.

For all the latest banking and finance news from the UAE and Gulf countries, follow us on Twitter and Linkedin, like us on Facebook and subscribe to our YouTube page, which is updated daily.

Subscribe to our Newsletter

Subscribe to Arabian Business' newsletter to receive the latest breaking news and business stories in Dubai,the UAE and the GCC straight to your inbox.