You can exchange your 100 bills after December 31st, here’s how

You can exchange your 100 bills after December 31st, here’s how

The Central Bank of Trinidad and Tobago (CBTT) is advising citizens that they can exchange their existing $100 bills for the new polymer notes beyond the December 31st deadline. But, the exchange must be done at Central Bank and you MUST have a valid reason.

In an FAQ released on the CBTT’s website, the Bank says that the person must have a reason why they were unable to exchange the notes within the 14-day period.

It said, “Examples of what constitutes good and sufficient reason will be published in due course and would include specific situations of persons who provide acceptable evidence of being out of Trinidad and Tobago during the period
December 9, 2019 and December 31, 2019…”

See below for more details on the exchange as posted to CBTT’s website:

As provided for in Section 27A. (4) of the Central Bank Act Chap. 79:02, the Central Bank of Trinidad and Tobago
will facilitate the exchange of the paper notes for the new polymer notes within the period of three months after
December 31, 2019 (deadline date) if the Central Bank is satised that the failure to present the notes for
redemption prior to the deadline date resulted from circumstances beyond the control of the true owner of the
notes or that there was some other good or sufficient reason for the failure to present the notes. Examples of
what constitutes good and sufficient reason will be published in due course and would include specific situations of persons who provide acceptable evidence of being out of Trinidad and Tobago during the period December 9, 2019 and December 31, 2019, and thus unable to be physically present in the country during that period to deposit the paper notes or exchange the paper notes for the new polymer notes.

See link below to the FAQ’s on the Bank’s website.

https://www.central-bank.org.tt/sites/default/files/latest-news/kym-faq-100-polymer.pdf

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