paper notes

BPNG warns on usage of paper notes

He advised that the people must be on look out for various security features as detailed on the K50 and K100 posters before accepting them. I

“If any of these security features do not appear on the banknotes given to you, do not accept it.

“Be alert and don’t be fooled by accepting any paper banknotes.”

Bakani added that the Bank is aware that there are PAPER BANKNOTES in the hands of some people attempting to exchange them for polymer banknotes.

Government plans to extend exchange of paper money

Prime Minister Peter O’Neill when responding to Deputy Opposition Leader Sam Basil’s questions today in Parliament said he will be asking the Treasurer to extend the dates.

However, O’Neill said the extension will involve risks as large amount of counterfeit paper notes have been circulating and the extension might cause those involved to change the notes.