Close X
Monday, December 2, 2024
ADVT 
National

Clean your cash carefully if concerned over COVID: Bank of Canada

Darpan News Desk The Canadian Press, 12 May, 2020 10:42 PM
  • Clean your cash carefully if concerned over COVID: Bank of Canada

If you must launder your money, do it carefully, advises the Bank of Canada.
The bank says it has tested the notes for durability against common household products.

"Repeated contact with substances such as bleach and ethanol resulted in damage that could make the notes unrecognizable as legitimate money," says spokeswoman Amelie Ferron-Craig.

"We therefore do not recommend using these substances to disinfect your bank notes."

Concerns about the novel coronavirus being spread through the exchange of cash have been circulating worldwide during the COVID-19 pandemic. In China, for example, media reports have suggested used bank notes have been isolated and disinfected.

Research from the United States has found filthy lucre contaminated with staphylococci, salmonella, E. coli, influenza, MERS and hepatitis A.
 A 2017 article in Scientific American said Canadian polymer-based bills tend to carry fewer viruses and bacteria than those made primarily from cotton, such as the U.S. greenback. 

An attempt by The Canadian Press to wipe down our plastic cash with the disinfectant Lysol started removing the pigment. "We have not conducted tests with Lysol and cannot comment on its impact on bank notes," says Ferron-Craig.

The bank says the health risks posed by handling cash are the same as those from touching other common surfaces such as doorknobs, kitchen counters and handrails. The bank advises Canadians handling money should wash their hands often.

That's the same advice given by the World Health Organization to anyone dealing in cash — wash your hands afterwards, especially if you're about to eat or prepare food.

"If you want to take additional safety precautions, you can clean your polymer bank notes with a bit of soap and water since they are resistant to moisture," Craig-Ferron suggests. "Note that this is not the case for older paper bank notes."

MORE National ARTICLES

Vancouver Police Say They're Working To Prevent Property Crime

Vancouver Police are taking significant measures to combat property crime while local and provincial measures are in place to address the spread of COVID-19.

Vancouver Police Say They're Working To Prevent Property Crime

Do Not Be Alarmed If You See Burnaby Police Wearing Masks And Protective Eyewear

As everyone continues to adapt to the current reality due to COVID-19, Burnaby RCMP wants members of our community to know of some differences that may take place when our officers respond to calls for service.

Do Not Be Alarmed If You See Burnaby Police Wearing Masks And Protective Eyewear

Delta Police Department Restricting Public Access To Buildings

Delta Police Department Restricting Public Access To Buildings
As part of ongoing efforts to ensure that the Delta Police Department is able to maintain operational readiness during the COVID-19 pandemic

Delta Police Department Restricting Public Access To Buildings

Trudeau Seeking U.S. Decision On Troops At Border; Calls Possibility A Mistake

Trudeau Seeking U.S. Decision On Troops At Border; Calls Possibility A Mistake
OTTAWA - Prime Minister Justin Trudeau said Friday it would be a mistake for the United States to position troops near the Canadian border.    

Trudeau Seeking U.S. Decision On Troops At Border; Calls Possibility A Mistake

Bank Of Canada Cuts Key Interest Rate Target While Libs Up Wage Subsidy

Bank Of Canada Cuts Key Interest Rate Target While Libs Up Wage Subsidy
It was the double shock from the novel coronavirus and a sharp drop in oil prices that spurred the Bank of Canada's surprise announcement — its second unscheduled cut this month and third overall this month — to lower its rate by half a percentage point to 0.25 per cent after it started the month at 1.75 per cent.

Bank Of Canada Cuts Key Interest Rate Target While Libs Up Wage Subsidy

Financial Aid Requests Won't Be Hindered By Service Canada Closures: Trudeau

Financial Aid Requests Won't Be Hindered By Service Canada Closures: Trudeau
OTTAWA - Service Canada employees can and should be working from home, despite the growing demand generated by financial-aid applications, Prime Minister Justin Trudeau said Friday.

Financial Aid Requests Won't Be Hindered By Service Canada Closures: Trudeau