Qatar – Banks remind customers to exchange old currency


(MENAFN- The peninsula) Sachin Kumar | By Sachin Kumar | The peninsula

Doha: If you still have the old edition banknotes in your wallet or purse, you only have a few days left to redeem them. Banks in Qatar have reminded citizens and expatriates to exchange old banknotes as the deadline approaches to replace the old Qatari currency. According to banks, December 31st is the last day to exchange the old currency note.

“Please note that the last day to deposit your Qatari Riyal Fourth Edition (old version) banknotes at our ATMs and branches is December 31, 2021,” Commercial Bank said on its official Twitter account yesterday.

It is very convenient for customers to exchange the old banknotes because the ATMs of banks accept both old and new currencies. Customers can also go to bank branches to exchange old currency.

“December 31 is the last day to accept old banknotes. If you still have any, we encourage you to deposit them through the QIB deposit machines as soon as possible, ”QIB said on its official Twitter account.

All the banks posted similar messages on their social networks and sent phone messages to customers.

“We would like to remind you that the deadline for exchanging and accepting the old edition tickets at all our branches and ATMs is December 31, 2021,” Ahli Bank said yesterday on his Twitter account.

In February of this year, the QCB announced the extension of the circulation of old banknotes until July 1 of this year. Later, this deadline for extending the circulation of old banknotes was extended until December 31, 2021.

“Please note that old Qatari banknotes will be accepted until December 31, 2021 at any branch of Bank in Doha or any cash deposit machine,” Bank of Doha said on his official Twitter account.

On December 13 of last year, QCB announced the launch of the “5th series of Qatar riyal banknotes” from December 18, 2020. The design of the new banknotes reflects Qatari tradition, Islamic history, culture , flora and fauna and development in the field of education, sport and economy.

“Please note that the deadline for redeeming Qatari 4th Edition tickets has been extended until December 31, 2021. You can also drop them off at QNB branches, ATMs, ATMs and ATMs. bulk ticket machines during this period, ”QNB said on its official Twitter account.

“In accordance with the decision issued by the Central Bank of Qatar, QIIB would like to remind you that the deadline for accepting and replacing banknotes with the fourth issue is until December 31, 2021. All old Qatari banknotes will not be not accepted after December 31, 2021. QIIB said on its official Twitter account.

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