Mutilated and damaged notes.

• Apr-11-2025

  Zambia – Prison for defacing or disrespecting local banknotes.

  According to Section 676 (1) (f) of the Bank of Zambia Act 2022 those found guilty of defacing or destroying...

• May-22-2024

  Japan – Bank of Japan will not exchange old notes for the new ones to be issued in July.

  Bank of Japan informed on its webpage that it will not exchange current notes for the new ones to be...

• Jan-10-2024

  Saudi Arabia – Older banknotes no longer redeemable over the counter at the Central Bank.

  The Saudi Arabian Central Bank is no longer providing the over the counter exchange of older notes. These can only...

• Nov-5-2023

  NORTH KOREA: Use of foreign currency forbidden to North Koreans.

  Since April the holding by locals of U.S. dollars, Chinese yuan and other foreign currencies is banned. Police does random searches...

• Jul-28-2023

  Afghanistan – Exchange of mutilated currency starts tomorrow.

  Having received a new order of banknotes printed by PWPW, Da Afghanistan Bank will start tomorrow 29 July the process...

• Oct-28-2022

  Afghanistan – Problems with the supply of fresh banknotes.

  Los Angeles Times has published recently an article by Nabih Bulos, its Kabul correspondent, that explains in detail the sorry...

• Sep-1-2022

  South Africa – Import and redemption of obsolete banknotes restricted.

  Up to a few months ago South African Customs authorities were not strict in enforcing the rules that limit the...

• Jul-4-2022

  Philippines – Stapling polymer banknotes illegal.

  Presidential Decree 247 of 1973 prohibits the defacement, mutilation, tearing, burning or destruction of Central Bank notes and coins, under...

• Jun-24-2022

  Bahrain – Problems with banknotes with writings.

  We have received private reports of problems with the exchange of current Bahraini banknotes with writings on the, even just...

• Jan-20-2022

  European Monetary Union – Soiled 200 euro banknotes.

  French investigators found in Limoges, France, a part of the treasure in 200 euro banknotes stolen in 2017. In 2010...

• Dec-29-2021

  European Monetary Union – Problems with 200 euro banknotes of the 2002 Series.

  Extreme care should be taken when accepting banknotes of 200 euros of the 2002 First Series (EUR200.1) with signs of...

• Sep-12-2019

  Nigeria – Clean note policy.

  The Central Bank of Nigeria has established a “Clean note policy” in April of this year. This policy states that:...

• Mar-5-2019

  Egypt – Warning of banknotes with writings.

  The Central Bank of Egypt has decided that banknotes with any messages written on them become  worthless, and has asked...

• Dec-22-2018

  India – Redemption of mutilated or soiled banknotes.

    The Reserve Bank of India has issued updated rules for the redemption of mutilated or soiled banknotes of 200...

• May-26-2018

  England

  We have received private reports about the Bank of England denying the redemption of old and mutilated banknotes unless an...

• May-23-2018

  Peru

  The Banco Central de Reservas del Perú has established new requirements for the redemption of damaged or mutilated banknotes, effective...