Republic Bank has increased its Point of Sale (POS) limit from TT$7,500 to TT$10,000 as of yesterday, Tuesday, December 10, 2019.
The Bank is encouraging customers to make use of the POS facilities and electronic channels to complete their transactions as the switch to the new one hundred (TT$100) dollar bill takes effect.
In a statement, the bank said: “While the new notes are available at all Branches, they will however not be available via the Blue Machines (ABMs) as the Bank is presently working with its vendors to recalibrate the ABMs to accept the new notes.”
Additionally, in order to facilitate customers’ transactions, the RBL has temporarily amended its opening hours where all non-mall branches from Monday to Thursday will open from 8 am to 4 pm, while the hours for Friday are from 8 am to 5 pm RBL also notes that there will be no closures on Fridays during the 8 am to 5 pm hours.
RBL disclosed that the working hours of all mall branches remain unchanged with operations beginning at 10 am and ending at 5 pm. The bank noted that the aforementioned hours will also apply to Christmas Eve and New Year’s Eve.
To provide teller services in the North, branches in Ellerslie, West Mall, Long Circular Mall, Glencoe and Diego Martin will be open on Saturdays during the month of December from 9 am to 1 pm.
In South/Central the branches at South Park, Gulf View, Couva, Pt Fortin, Princes Town and Centre City will be open on Saturdays of December during the same hours. The same Saturday opening hours will apply to the East branches at Arima, Valpark, Trincity and Grand Bazaar while in Tobago the branch at Auchenskeoch will be opened from 9 am to 1 pm.