The Bank of Tanzania (Withdrawal of Old Banknotes Shillings Issued from 1985 to 2003 and 500 Banknotes Issued in 2010) Notice, 2024 | The Bank of Tanzania (Withdrawal of Old Banknotes Shillings Issued from 1985 to 2003 and 500 Banknotes Issued in 2010) Notice, 2024 — Tanzania law | Esheria

The Bank of Tanzania (Withdrawal of Old Banknotes Shillings Issued from 1985 to 2003 and 500 Banknotes Issued in 2010) Notice, 2024

This Notice may be cited by its stated title.

AI-assisted research synopsis — verify against the official legal text below.

Jurisdiction
Tanzania
Instrument
Notice
Citation
The Bank of Tanzania (Withdrawal of Old Banknotes Shillings Issued from 1985 to 2003 and 500 Banknotes Issued in 2010) Notice, 2024
Version
Undated source snapshot
Language
en
Official source
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bank operations banknotes citation currency currency design currency withdrawal legal tender security features withdrawal of old banknotes

Statute overview

About this statute

This Notice may be cited by its stated title. The Bank of Tanzania may call in specified banknotes, with payment at face value. All banks must not pay out certain old Bank of Tanzania banknotes from the date this Notice is published. The Bank of Tanzania and all banks must accept deposits or requests to exchange banknotes called in under this Notice during the stated period. Banknotes listed in the Schedule stop being legal tender on 6 April 2025, and banks must not pay them out, accept them as deposits, or receive exchange requests for them from that date.