On Sept. 1, old ¢1,000 and ¢2,000 bills reach their expiration date

August 31, 2011

This Wednesday is the last day that ¢1,000 and ¢2,000 bills can circulate in businesses and in the general public. New bills of those denominations went into circulation in June.

Marvin Alvarado, treasurer of the Central Bank of Costa Rica (BCCR), explained that on Thursday anyone who receives an old ¢1,000 or ¢2,000 bill can refuse to accept it.

The old bills may be deposited at banks and other financial institutions until Oct. 31.

After this date, the old bills will only be changeable at the BCCR headquarters in San José.

The phasing out process will begin anew this November when new ¢5,000 and ¢10,000 notes make their debut.

Facebook Comments

You may be interested

Costa Rica approves law against child abuse prepared by alleged victims of priest
Costa Rica
1 views
Costa Rica
1 views

Costa Rica approves law against child abuse prepared by alleged victims of priest

AFP and The Tico Times - April 24, 2019

Costa Rica’s congress approved on Tuesday a bill that extends the statute of limitations for the crime of sexual abuse…

International drug rehab in Costa Rica with the Costa Rica Treatment Center
Sponsored content
8 views
Sponsored content
8 views

International drug rehab in Costa Rica with the Costa Rica Treatment Center

The Tico Times - April 24, 2019

Costa Rica Treatment Center understands the process of addiction recovery from personal experience. Their evidence-based treatment programs are engineered to…

Costa Rica meets with Inter-American Commission on Human Rights to discuss Nicaragua, Venezuela, indigenous rights
Costa Rica
11 views
Costa Rica
11 views

Costa Rica meets with Inter-American Commission on Human Rights to discuss Nicaragua, Venezuela, indigenous rights

Alejandro Zúñiga - April 23, 2019

Costa Rica’s Minister of Foreign Affairs, Manuel Ventura Robles, met with the Inter-American Commission on Human Rights (IACHR) this week…

Do NOT follow this link or you will be banned from the site!