• About
  • Advertise
  • Privacy & Policy
  • Contact
Tue, Jan 19, 2021
Zim Trending
  • Home
  • Top Stories
  • Breaking NewsHot
  • Entertainment
  • Business
  • Education
  • JobsLatest
  • Scholarships
  • Crime
  • Celebs
No Result
View All Result
  • Home
  • Top Stories
  • Breaking NewsHot
  • Entertainment
  • Business
  • Education
  • JobsLatest
  • Scholarships
  • Crime
  • Celebs
No Result
View All Result
Zim Trending
No Result
View All Result
learn forex trading learn forex trading learn forex trading

Old & Torn USD Notes Are Still Acceptable Says RBZ

Statement Comes As Many Retailers Were Refusing Old & Torn USD Notes

Editorial Team by Editorial Team
22/12/2020
in Business, Economy
Reading Time: 2min read
0
Torn USD Notes In Zimbabwe
510
VIEWS
Share On WhatsAppShare on FacebookShare on TwitterShare On LinkedIn

The Reserve Bank Of Zimbabwe (RBZ) has released a public statement saying that old and worn USD notes are still legal tender and no seller should decline them.

The statement comes at a time when many sellers including supermarkets were being highly critical of US$ notes to the extent of declining notes that have even small cuts on the edges. Their excuse was that the banks were declining them as well.

On top of that, some sellers were claiming that some notes especially $100 dollar bills that were released before 2006 have a lesser value than those released in/after the year 2006 and some sellers reportedly pro-rate such notes.

The public statement also comes after the US Embassy recently clarified the issue and said that old USD notes are still acceptable as they do not expire. The full statement is attached below.

 

OLD AND WORN UNITED STATES DOLLAR NOTES

It has come to the attention of the Reserve Bank of Zimbabwe (the Bank) that some persons are refusing to accept old and worn United States dollar (U.S. dollar) notes alleging that they are old and mutilated and therefore of no value.

For the benefit of the transacting public and as already advised by the USA Embassy in Zimbabwe in its Tweet on 16 November 2020, the Bank wishes to inform and restate the position of the United States Government that U.S. dollar notes do not expire no matter their age, and that the U.S. Government does not even consider old, worn notes to be mutilated as long as more than half of the note is intact, and the value of the note is clear.

John P. Mangudya Governor

21 December 2020

RBZ USD Notes

RelatedPosts

charge quote or accept usd payments

Zim Dollar Marginally Weakens Against US$ In The Latest Forex Auction Results

22/12/2020
320
bitcoin

Bitcoin Reaches US$20 000 For The Very First Time

17/12/2020
413
Strive Masiyiwa

Strive Masiyiwa Appointed To Netflix Board of Directors

17/12/2020
1.9k
Strive reduces himself to “Simply the largest shareholder of Econet”.

Strive Masiyiwa Named As One Of The 50 Most Influential People In The World

09/12/2020
1k
Tags: mangudyarbzus embassy
SendShareTweetShare
Editorial Team

Editorial Team

Related Posts

charge quote or accept usd payments
Economy

Zim Dollar Marginally Weakens Against US$ In The Latest Forex Auction Results

by Editorial Team
22/12/2020
0
320

The Zimbabwe dollar has marginally lost against the greenback in the Forex auction results for 21 December 2020. The weighted...

Read more
bitcoin

Bitcoin Reaches US$20 000 For The Very First Time

17/12/2020
413
Strive Masiyiwa

Strive Masiyiwa Appointed To Netflix Board of Directors

17/12/2020
1.9k
Strive reduces himself to “Simply the largest shareholder of Econet”.

Strive Masiyiwa Named As One Of The 50 Most Influential People In The World

09/12/2020
1k
prices of basic commodities

Zimbabwe’s Inflation Rate Goes Up

09/12/2020
114
bitcoin

What Gives Bitcoin Its Value?

07/12/2020
3.4k

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

  • Trending
  • Comments
  • Latest
List of Top 100 Best ‘O’ Level Schools In Zimbabwe (2020)

List of Top 100 Best ‘O’ Level Schools In Zimbabwe (2020)

18/01/2021
Emap System in Zimbabwe

How To Apply For 2021 Form 1 Boarding Places On eMAP

08/01/2021
Provisional Driving Licence Test Possible Questions & Answers

Provisional Driving Licence Test Possible Questions & Answers pdf

06/12/2020
Indian sweets for bedroom use

Indian Bedroom Sweets & Love Portions Floods Harare

13/11/2020
Four Teachers Suspended After Writing Exams For Their Girlfriends.

Just In: Zimsec O’Level 2019 Results Out

6
How To See Zimsec Results Online

How To See Zimsec O Level November 2019 Results Online

4
2020 Zimbabwe Universities Application Forms (Download Now)

2020 Zimbabwe Universities Application Forms (Download Now)

3
Four Teachers Suspended After Writing Exams For Their Girlfriends.

‘O’ Level ZIMSEC Results Now Accessible Online

3
Ignore Lockdown Reports: Mangwana

Lockdown Update:Local Businesses Put On Hold For 30days

02/01/2021
Breaking News: Police Arrest 200 Teenagers At A Party In Westgate

Breaking News: Police Arrest 200 Teenagers At A Party In Westgate

02/01/2021
synthetic Indices

How To Trade Synthetic Indices: A Comprehensive Guide For 2021

01/01/2021
zesa

You Can Now Buy Zesa Using Foreign Currency

22/12/2020

Recent News

Ignore Lockdown Reports: Mangwana

Lockdown Update:Local Businesses Put On Hold For 30days

02/01/2021
735
Breaking News: Police Arrest 200 Teenagers At A Party In Westgate

Breaking News: Police Arrest 200 Teenagers At A Party In Westgate

02/01/2021
1.1k
synthetic Indices

How To Trade Synthetic Indices: A Comprehensive Guide For 2021

01/01/2021
1.9k
zesa

You Can Now Buy Zesa Using Foreign Currency

22/12/2020
749

ZimTrending

For all the trending news for Zimbabweans at home and abroad

Follow Us

Search this site

No Result
View All Result

Partner Websites

www.taydigital.net
www.openclass.co.zw
www.mrtaylor.me

  • About
  • Advertise
  • Privacy & Policy
  • Contact

© 2021 Zim Trending If its Trending You WIll Find It Here - Website Developed & Maintained By Tay DIgital.

No Result
View All Result
  • Home
  • Top Stories
  • Breaking News
  • Entertainment
  • Business
  • Education
  • Jobs
  • Scholarships
  • Crime
  • Celebs

© 2021 Zim Trending If its Trending You WIll Find It Here - Website Developed & Maintained By Tay DIgital.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.