Latest
 
  • All Share : 51200.57
    UP 0.97%
    Top40 - (Tradeable) : 45002.4
    UP 1.06%
    Financial 15 : 16355.27
    UP 1.39%
    Industrial 25 : 64431.18
    UP 1.14%
    Resource 10 : 41493.35
    UP 0.50%

  • ZAR/USD : 11.5295
    DOWN -0.48%
    ZAR/GBP : 17.4311
    DOWN -0.77%
    ZAR/EUR : 13.0326
    DOWN -1.12%
    ZAR/JPY : 0.0975
    DOWN -0.31%
    ZAR/AUD : 9.1491
    DOWN -0.37%

  • Gold US$/oz : 1283.03
    DOWN -0.72%
    Platinum US$/oz : 1254.5
    DOWN -0.75%
    Silver US$/oz : 17.99
    DOWN -0.39%
    Palladium US$/oz : 794.75
    UP 1.68%
    Brent Crude : 48.56
    DOWN -1.12%

  • All data is delayed by 15 min. Data supplied by Profile Data
    Hover cursor over this ticker to pause.

Wed Jan 28 22:16:29 SAST 2015

Banks to take R200 notes until July 31st

Sapa | 17 June, 2010 10:530 Comments

Commercial banks will accept pre-2005 old series R200 banknotes still in circulation for exchange until July 31, the SA Reserve Bank said on Thursday.

"It has come to our attention that there are members of the public in more rural areas who are experiencing difficulties in accessing a branch of the South African Reserve Bank," it said in a statement.

After July 31 it would only be possible to exchange them at SARB branches.

"These notes remain legal tender, and there is no time limit on when such can be presented for exchange."

The SARB encouraged the public to rely on the post-2005 upgraded series R200 notes.

"Retailers are obliged to accept them."

The SARB began recalling all older-series R200 notes earlier this year to fight counterfeiting.

To submit comments you must first

Join the discussion & Debate

Banks to take R200 notes until July 31st

For Commenters Consideration | Please stick to the subject matter
Wed Jan 28 22:16:29 SAST 2015 ::

COMMENTS [0]