Regulatory Alerts2008-07-18 | 293546365Added · Updated
Banking Circular No 4 of 2008 Revised - Amendment- Revised guidelines for currency transactions
The Central Bank of Kenya issues revised guidelines for currency transactions, effective October 1st, 2008. Commercial banks must deposit sorted banknotes and coins, marked as 'FIT' or 'UNFIT', with the Central Bank. The guidelines include criteria for sorting banknotes and coins, as well as instructions for packaging and labeling.
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Topics
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