Cotton banknotes in VND10,000 and VND20,000 denominations will be taken out of circulation as of January 1, 2013.
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Cotton banknotes in VND10,000 and VND20,000 denominations will be taken out of circulation as of January 1, 2013.
According to an announcement by the State Bank of Vietnam (SBV), the VND10,000 and VND20,000 cotton banotes will no longer be legal tender in Vietnamese territory after that date.
Organisations and individuals that possess these notes will be able to exchange them for polymer bills of equal value at SBV branches and representative offices, credit institutions, foreign bank branches, and provincial or municipal National Treasury offices.
(Source:VOV)
