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Genuine and Mutilated Currencies
Compensation of mutilated or incomplete currency notes
The Central Bank will compensate mutilated or incomplete currency notes issued by it after verifying their authenticity, as per the following terms and measures:
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Full Value Compensation:
Full face value shall be compensated if the area of the currency note or the total of its parts equals or exceeds two-thirds (2/3) of its area. -
Half Value Compensation:
Half face value shall be compensated if the area of the currency note or the total of its parts is more than one third (1/3) and less than two thirds (2/3) of its area. -
No Compensation (No Value):
No compensation is offered if its area or the total of its parts is less than one third (1/3) of its area.
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Last updated on: Thursday 28 July 2022
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