Security Error Reason For Delay Of New ¢20.000 Bills
An error in the “security map” on the new ¢20.000 colones bills is the reason for the delay in tomorrow’s introduction to the market. The Banco Central said the error was detected on at least 150 bills and as such decided to suspend the distribution that was to have occurred on August 11.
Marvin Alvarado of the Banco Central, said the bills are being examined to determine how many have the error.
The bills are produced by the French firm, Oberthur Technologies.
Alvarado said that company officials immediately came to Costa Rica when the mistake was noticed and notified to the manufacturer.
The error is small mark that crossed the Gulf of Nicory on the security map, that is made with optical variable ink, which changes color depending on the angle it observed.
Alvarado said there was no certainty of when the new bills will be released.