Republic Bank Announces January 31, 2022 Cutoff Date To Redeem Old Notes

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Home / News / Republic Bank Announces January 31, 2022 Cutoff Date To Redeem Old Notes

November 26, 2021, Port of Spain – The Central Bank of Trinidad and Tobago (CBTT) has advised that only the new polymer banknotes will be accepted as legal tender in Trinidad and Tobago as of January 1, 2022.

While the old “cotton” notes will no longer be legal tender after December 31, 2021 Republic Bank recognizes that some commercial customers may be uncertain as to when they should discontinue accepting the old notes and that some personal customers may inadvertently still have old notes in their possession on December 31, 2021.

To minimize any stress during this busy period, the Bank advises that it will redeem for value old cotton notes from our existing clients for ONE month after December 31, 2021, that is, until January 31, 2022. Clients can deposit these notes through any of the Bank’s traditional channels – branch, ATM and/or night safe.

This accommodation will only be available to banking customers of Republic Bank.

November 30, 2021
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