South Africa change 200 Rand banknote

martes, 1 de junio de 2010


Today is D-day for people who still have old series R200 notes.
The South African Reserve Bank is urging consumers to swop these notes for new ones at any bank around the country. This comes after the bank recalled the old R200 note in April because of concerns around counterfeit versions of it.The Reserve's Bank Hlengani Mathebula says the public only have until today to exchange the notes at their normal banks. He says banks are not allowed to charge for the exchange."People can return all the notes to any commercial bank in the country, it doesn't matter whether that they bank with that specific bank or not. "The banks will exchange the notes for them for free, they are not going to charge them either deposit fees or any charge of any kind." After today's cut-off Mathebula says consumers will have exchange the old notes at one of the Reserve bank's seven branches. The new series notes, in circulation since 2005, are still legal tender. They're easy to spot from the old notes, as they have the five diamond shapes on the bottom.