The government currently has no plans to take any bank notes other than the $1, $2, $25, $500 and $1,000 notes out of circulation. It also guarantees they are always easy to spend since recent notes are more recognizable to merchants. Having the power to remove legal tender status from bank notes is a way to complete their removal from circulation and to help ensure that Canadians have access to the most current and secure bank notes. The Minister of Finance is responsible for both the Bank of Canada Act and the Currency Act, and the changes made to allow the removal of legal tender status from bank notes were initiated by the Minister in consultation with the Bank of Canada and other agencies.

On occasion, a bill shows up that has a small star in place of the final letter in the serial, and many early issues carried the star in front of the serial number.Amendments to the Bank of Canada Act and the Currency Act approved by Parliament in 2018 gave the Government of Canada the power to remove legal tender status from bank notes-something it could not do before. Altogether, there are a possible 2,499,999,975 serial numbers for each bank! The final letter is used to raise the number of possible bills beyond 99,999,999.Using these digits alone, there would be a possible 99,999,999 bills issued per bank. This number increases sequentially as each bill is printed. The eight numerical digits that follow represent a unique ID number.As there are 12 Federal Reserve Banks, this letter can range from A to L, with A representing Boston and L representing San Francisco. The second letter (or first, if you're looking at an old-style bill) represents the district of the Federal Reserve Bank that your bill was issued from.You can also find the series of the bill printed directly to the bottom-right of the portrait. This begins with A, and moves through the alphabet each time a new series is needed (for example, each time there is a new secretary of the treasury, the bill design changes because the secretary's signature is on all currency). The series indicates the year in which the design of the bill was approved for production. The first letter, only found on the new-style bills, represents the series of the bill.

Five dollar bills usd