Regulatory Alerts2015-01-01
Bank of Zambia Circular No. 3/2015 on Banknotes with Governor Denny Kalyalya's Signature
The Bank of Zambia issued Circular No. 3/2015 to announce the November 2015 circulation of new banknotes bearing Governor Denny Kalyalya’s signature while maintaining all existing note specifications. Each denomination now features a specific number of slanting intaglio lines to assist visually impaired users, ranging from two lines on the K2 note to seven on the K100 note. The previous series signed by the former Governor remains legal tender, and institutions are instructed to retain the enclosed K2 specimen note in safe custody pending potential recall.
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