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Monday, July 7, 2025

New $100 polymer notes available from Tuesday

by

News Desk
2037 days ago
20191208
These $100 bills are being replaced by new polymer notes

These $100 bills are being replaced by new polymer notes

Cit­i­zens will be able to ac­cess the new $100 poly­mer notes from Tues­day, a state­ment from the Cen­tral Bank has ad­vised.

In a state­ment is­sued this evening, the Cen­tral Bank’s se­nior man­ag­er of Ex­ter­nal Re­la­tions Nicole Crooks ad­vised that “the new poly­mer $100 notes will be dis­trib­uted to the com­mer­cial banks to­mor­row, De­cem­ber 9, 2019 and will be avail­able to the pub­lic from De­cem­ber 10 (Tues­day).

The roll­out comes af­ter amend­ments to the Cen­tral Bank Act were passed in both the low­er and up­per hous­es of Par­lia­ment. It fol­lowed gov­ern­ment’s an­nounce­ment on Thurs­day that it was in­tro­duc­ing the new bill to counter il­lic­it ac­tiv­i­ties.

Na­tion­al Se­cu­ri­ty Min­is­ter Stu­art Young said it was a mea­sure “to fight mon­ey laun­der­ing, in­clud­ing the fi­nanc­ing of drugs and nar­cotics and il­le­gal firearms, tax eva­sion and the black mon­ey econ­o­my, coun­ter­feit­ing and oth­er re­lat­ed prob­lems.”

The Cen­tral Bank will host a news con­fer­ence to­mor­row where it is ex­pect­ed to pro­vide fur­ther de­tails about the roll­out of the new blue notes.


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