KFC, Subway joins Corporate T&T: No more old $100 bills

KFC, Subway joins Corporate T&T: No more old $100 bills

Prestige Holdings has joined the list of companies that have created their own deadlines for accepting the existing $100 bills.

Via their Facebook page yesterday, the company which holds the franchise for KFC, Subway, Starbuck’s and TGIF will no longer accept the bills after December 23.

Island Hobbies was the first to publicly announce its deadline following Government’s announcement of the exchange. The company said they will no longer accept the bills after December 15, and yesterday the US Embassy said that today, December 13, will be their final day to accept the existing notes.

One market has also joined the fray. The Norris Deonarine Northern Wholesale Market in Macoya announced their deadline date as December 19th, although Agriculture Minister Clarence Rambarath has asked for the notice to be rescinded.

Corporate T&T have complained about the short notice given by Government to facilitate the changeover as they, too, will need to exchange the bills received from sales. Because of the long lines at the banks, citizens have begun dumping the existing $100 bills when making purchases, forcing companies to issue signs that they will not accept $100 bills for purchases less than $20.

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