Cash in those old notes
The end is nigh for Bermuda’s “legacy” — horizontal bank notes.
Bermuda Monetary Authority reminded the public today that the December 31 deadline is “fast approaching”.
After that cut-off point, the old notes will no longer be considered legal tender — but can be exchanged for new notes at banks and credit unions.
The BMA cannot exchange notes and they cannot be switched at stores or other cash businesses.
The switch to new banknotes was announced in June and the BMA’s director of operations, Shanna Lespere, said the legacy notes had been gradually culled from circulation since, in tandem with local banks.
Although the legacy notes will only be legal tender for a matter of weeks, the public has ten years to exchange them.
OBA in disarray after Kempe resignation
Critics call Simmons over casino plan
Mobile make-up service proving popular
MWI clients put on art show
Early start for Black Friday shoppers
Island-inspired jewellery collection
Singer who decided to live after diagnosis
Ditch gaming altogether, says Schuetz
Doctor aces exam after having baby
Retailers gear up for Black Friday rush
Wedding is the next top priority for Duffy
New OBA senator wants to ‘break the mould’
Judges concerned about delays in sentencing
Group criticises domestic partnerships plan
Take Our Poll