The Central Bank has decided to continue the service of exchange of willfully mutilated, altered and defaced currency notes from CBSL until further notice.
The decision has been made considering the difficulties faced by the general public in exchanging willfully defaced currency notes after March 31, 2018.
After 31 March, general public can submit such currency notes to the Central Bank head office or regional offices or send them by registered post to the following address together with the duly completed application form.
Central Bank further said that the currency notes that have been mistakenly marked in the form of a small dot or a line are not considered as willfuly mutilated currency notes and such currency notes can be used for transactions.
Service of accepting damage currency notes by the Licensed Commercial Banks due to normal wear and tear or due to natural disasters will continue without any change.
“In addition, All Licensed Commercial Banks have been instructed to calibrate currency processing machines to detect willfully mutilated, altered and/or defaced currency notes,” the Central Bank said.
“However, in case of general public receiving a defaced currency note from an ATM or other currency handling machine, such currency notes can be exchanged from the nearest bank branch.”