BRYTECH Tel: 1-800-263-4095
|

US $10 bill to be released on March 2, 2006

Source: BEP Currency Information Office, www.bep.treas.gov

2 December 2005

The U.S. Department of the Treasury and Federal Reserve Board announced today that redesigned $10 notes will be issued beginning on March 2, 2006. On this day of issue, Federal Reserve banks will begin distributing the new notes to the public through commercial banks.

The notes will begin circulating initially in the United States, and then be introduced in other countries in the days and weeks following, as international banks place orders for $10 notes from the Federal Reserve.

The makeover of the $10 follows colorization of the $20 bill in 2003 and the $50 bill last year. The new $10 will still feature Alexander Hamilton, the nation's first Treasury secretary, on one side, and the Treasury building on the other side.

Plans call for the $100 bill to be redesigned in 2007, a change that was delayed to allow for more security features to be added to what is the favorite denomination of counterfeiters outside the United States. There are no plans to change the $1, $2 or $5 bills.

The Note Teller 2 on sale today recognizes the soon to be released $10 and is capable of reading all of the bills that are in circulation. An older Note Teller 2 may be upgraded now for the new colored notes.

In order to stay ahead of counterfeiters, the U.S. government will be introducing new currency designs every seven to ten years. BRYTECH will continue its dedication to existing customers by providing low-cost upgrades.

Please visit the Note Teller 2 upgrade page for the latest upgrade information or www.moneyfactory.gov/newmoney for further information on new bank notes.

Copyright © 2005 BRYTECH Inc. All rights reserved.