2009-12-17
Added · Updated
The Bank of Zambia issued Circular 06/2009 to inform commercial banks and bureaux de change that the old series of Botswana Pula banknotes will cease to be legal tender on December 31, 2009. While these notes will no longer be accepted as currency after that date, they remain exchangeable for their equivalent value at the Bank of Botswana in Gaborone and Francistown until December 31, 2014. To facilitate this transition, the Bank of Zambia is distributing posters highlighting the public recognizable features of the new family of Botswana Pula banknotes to all relevant financial institutions.
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OFFICE OF THE DEPUTY GOVERNOR - OPERATIONS
December 17, 2009
CB Circular No : 06/2009
To : All Commercial Banks
All Bureaux De Change
Reference is made to CB Circular No: 04/2009 of September 9, 2009 regarding the Bank of Botswana issuing into circulation a new family of Pula banknotes.
Please be informed that the old series of Botswana Pula banknotes will cease to be legal tender on December 31, 2009. However, the old banknotes will still be exchangeable for equivalent value at the Bank of Botswana in Gaborone and Francistown until December 31, 2014.
Posters displaying the public recognizable features of the new family of the Botswana Pula banknotes are being reproduced by Bank of Zambia for circulation to all Commercial Banks and Bureaux De Change.
Please be guided accordingly.
Denny H Kalyalya (Dr)
DEPUTY GOVERNOR – OPERATIONS
Cc Governor
Bank Square, Cairo Road. P.O. Box 30080, Lusaka, Zambia. Tel: +260-211-226844 Fax: +260-211-237070 E-mail: dkalyaly@boz.zm. Web: http://www.boz.zm
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Source: Bank of Zambia — original document · Summary generated with machine assistance and reviewed before publication; the authoritative text is the regulator's original document. How RegAlert works
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