Sunday, 18 November 2012

New Canadian $20 bill not accepted everywhere


The new Canadian $20 bill that was released recently on November 7th all across Canada has been having difficulties with being accepted everywhere and processed at banks as well. First of all it isn't being accepted by transit machines to acquire tickets, "machines will need a software upgrade in order to accept the new bills" said by go transit. This update isn't going to occur until all the way in February which has disappointed many. The new Polymer bill also has a tendency to stick together with other polymer bills. So in other words, people have been having problems with getting the selected amount of money requested. For example their has been situations where an individual wants to withdrawal lets say $200 and only gets $180 since a bill has got stuck to another bill within the machine. Due to problems with the new polymer bill such as the ones stated their has been public complaints occurring.
I personally have not had any problems with withdrawing the new polymer bills from the bank. I think the government should have acted more efficiently to deal with these issues since they clearly knew for a long time what the problems might be since they must of tested the new bills several times over. All and all I believe the new bill is a good idea since it is virtually indestructible and also nearly impossible to counter-fit, however I think the government should act fast to deal with these problems the public is encountering.





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CBC News Posted: Nov 16, 2012 9:44 AM ET



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