No menu items!

COSTA RICA'S LEADING ENGLISH LANGUAGE NEWSPAPER

HomeCosta RicaA Few Costa Rica Bank Notes to be withdrawn from Circulation

A Few Costa Rica Bank Notes to be withdrawn from Circulation

The United States embassy in Costa Rica has reminded everyone that lives or is traveling in Costa Rica to be aware that on February 1, 2022, the Costa Rican government will be withdrawing ¢20,000 colones bills printed on cotton paper from circulation.

The old cotton bills are soft and feel similar to U.S. currency.  The new ¢20,000 bills are printed on polymer plastic and are smooth with a small, transparent window

Other denominations that will also be affected this year are:

·         ¢5,000 colones bills printed on cotton paper will be withdrawn from circulation on March 1, 2022. 

·         ¢2,000 colones bills printed on cotton paper will be withdrawn from circulation on May 1, 2022. 

·         The Central Bank has not announced a withdrawal date for the ¢10,000 and ¢1,000 bills printed on cotton paper. 

The ¢50,000 colones bill on cotton paper has already been withdrawn from circulation. There is no replacement for the ¢50,000 bill and so that denomination does not exist anymore.

What to do: 

Those living in or who are traveling to Costa Rica during these dates are encouraged to deposit or exchange any ¢20,000 colones bills printed on cotton paper at a bank as soon as possible, as they will not be accepted as valid currency starting February 1, 2022.

This is also applicable for the ¢5,000 colones bills on March 1 and the ¢2,000 colones bills on May 1

If you encounter problems with the exchange or deposit at bank offices, ATMs or for in-person transactions until the deadline, you may report this to BCCR by telephone at 2243-3333 or by e-mail at atencionalcliente@bccr.fi.cr, in order to review each case.

For more on the history of plastic money and how we got here check out this video

Trending Now

Rights Groups Condemn El Salvador Over Arrest of Anti-Corruption Lawyer

The justice system of El Salvador has admitted a habeas corpus petition in favor of lawyer and humanitarian activist Ruth López, a critic of...

Costa Rica’s President Chaves Accused of Illicit Campaign Financing

On Monday, Costa Rica’s Prosecutor’s Office formally accused President Rodrigo Chaves along with six high-ranking officials and pro-government legislators of allegedly engaging in illicit...

Costa Rica’s Film Festival Kicks Off with a New Vision

San José is lighting up for the 13th Costa Rica International Film Festival (CRFIC), running June 19–29, 2025, with filmmaker Patricia Velásquez Guzmán taking...

Costa Rica and U.S. Strengthen Border Scans and Biometric Cooperation

U.S. Secretary of Homeland Security Kristi Noem met Wednesday with Honduran President Xiomara Castro to discuss security and migration, following her offer in Costa...

Costa Rican Court Orders Release of Migrants Deported Under Trump Deal

A court on Tuesday ordered Costa Rican authorities to release foreign migrants who had been detained in a shelter after being deported under an...

Celso Gamboa Allegedly Ran Drug Ring with Costa Rican Government Ties

Celso Gamboa, once Costa Rica’s Security Minister and a Supreme Court judge, now faces extradition to the U.S. for leading a major cocaine trafficking...
spot_img
Costa Rica Tours
Costa Rica Coffee Maker Chorreador
Costa Rica Coffee Maker Chorreador
Costa Rica Travel Insurance
Costa Rica Rocking Chait
Costa Rica Travel

Latest News from Costa Rica