2008-07-18 | 293546365

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.

Tags
monetary
operational
deposits