Jamaicans to obtain new banknotes this week
The Financial institution of Jamaica (BOJ) has introduced that will probably be extending its opening hours, beginning Thursday, June 15, to facilitate the alternate of outdated banknotes for brand new polymer banknotes.
In keeping with a launch on Tuesday, BOJ mentioned that the brand new banknotes can be accessible as of Thursday, with the financial institution being open between the hours of 9 am and a pair of pm.
The financial institution outlined that people who want to alternate outdated banknotes at BOJ should guarantee they’ve the next:
- Legitimate Authorities-issued picture identification (eg Driver’s Licence, Passport, or Nationwide Identification Card).
- Taxpayer Registration Quantity (TRN)
- Supply of funds documentation (wage slip, financial institution assertion, job letter, work allow et cetera) for transactions reaching or exceeding US$1,000 or its equal in every other overseas forex.
“Please be aware the financial institution might, at its discretion, request related data for quantities beneath US$1,000,” BOJ additional mentioned.
It additionally added that it’s going to confirm and authenticate the outdated banknotes as regular earlier than permitting an alternate.
The BOJ additionally knowledgeable the general public that each the outdated and new banknotes will co-exist as each can be utilized to hold out transactions.
BOJ will resume its common banking hours of 9 am to 1 pm as of June 26, 2023.