Regulatory Alerts2013-01-01
Introduction of the Redesigned US $100 Note in Circulation
The Bank of Zambia directs all commercial banks and bureaux de changes to accept the newly redesigned United States $100 note, which entered circulation on October 8, 2013. This updated currency incorporates advanced security features to deter counterfeiting and simplify authenticity verification for businesses and consumers. All existing US banknotes continue to hold full legal tender status regardless of their original issue date.
[Logo: Bank of Zambia]
Bank Of Zambia OFFICE OF THE DEPUTY GOVERNOR - OPERATIONS
October 14, 2013
TO : ALL COMMERCIAL BANKS ALL BUREAU DE CHANGES
INTRODUCTION OF REDESIGNED $100 IN CIRCULATION
Reference is made to the above subject.
The Bank of Zambia wishes to inform you that the Federal Reserve Bank System began issuing a new $100 note from Tuesday, 8 October 2013. The redesigned $100 note incorporates new security features to deter counterfeiters and help businesses and consumers tell whether a note is genuine.
You are further reminded that ALL U.S. currency remains legal tender, regardless of when it was issued.
For more information on the new $100 note, as well as training and educational materials, visit www.newmoney.gov.
Attached is the copy of Press Release from the Federal Reserve Bank of America.
[Signature]
Bwalya K. E. Ng’andu (Dr) DEPUTY GOVERNOR – OPERATIONS
Attach/
Cc: Governor Deputy Governor – Administration Director – Bank Supervision Director – Non Bank Financial Institutions Supervision Director – Regional Office Director – Banking, Currency and Payments Systems
Bank Square, Cairo Road P.O. Box 30080, Lusaka. Zambia Tel: 260-211-226844, 238888 Fax:260-211-237070 E-mail:dgo@boz.zm Web: http://www.boz.zm
$100 Note
All U.S. currency remains legal tender, regardless of when it was issued.
Issued 2013
[Image of the front and back of a $100 bill]