Since 2014, the Canadian Bank Note Company has been the chief provider for machine-readable passports used within the Caribbean Community bloc of countries. In October 2006, RR Donnelley completed the acquisition of Canadian Bank Note's financial printing business, consisting of documentation for initial public offerings. It has since been based in Ottawa, Ontario. The Bank of Canada supplies Canadians with bank notes that they can use with confidence and pride, by issuing quality notes that are readily accepted and. It was later a privately held company when it was acquired by Ottawa businessman Charles Worthen beginning in 1976 Douglas Arends slowly acquired control of the company. It also prints and provides document reading systems for identification cards, lottery tickets, stamps, and banknotes.įrom 1897 until 1923, CBN was a unit of the New York-based American Bank Note Company (now known as ABCorp). 1, 2021 /PRNewswire/ - Craig Bascombe, President, Lottery Systems & CFO of Canadian Bank Note Company, Limited (CBN) is pleased to announce that CBN has agreed to acquire BUMP 50:50 from UK. In addition to banknotes, the company produces passports, driver's licences, birth certificates, postage stamps, coupons, and many other security-conscious document-related products. Canadian Bank Note Company, Limited (CBN) announces it has entered into a conditional agreement to acquire BUMP Worldwide Inc. The company's other clients include private businesses, national and sub-national governments, central banks, and postal services from around the world. It is best known for holding the contract with the Bank of Canada to supply it with Canada's banknotes since 1935. ALWAYS LOOK AT TWO OR MORE SECURITY FEATURES WHEN CHECKING BANK NOTES. The Canadian Bank Note Company ( CBNC) is a Canadian security printing company.
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