Is it permissible to write "Remember Him, Glory be to Him" on banknotes to remind people to remember Allah, and is this act considered an innovation (bid'ah)?

It is not permissible to write or mention the name of Allah on banknotes, as this exposes the name of Allah to desecration due to their circulation and entry into places of impurity and filth. This contradicts the glorification and exaltation of the name of Allah.