New monetary cone bills available in Venezuelan banks

Since mid June the new 10,000, 20,000 and 50,000 bolivars bills began to arrive gradually at the various bank agencies

Financial institutions in Venezuela began to receive gradually the new notes for the expansion of the monetary cone last week; but not all began to deliver them through the box office. It is worth remembering that on Monday, June 24, it was a national holiday and in some cases the adjustments necessary to incorporate the new papers were delayed.

Not all banks received remittances from the Central Bank of Venezuela at the same time. Additionally, priority was given last week to the banks through which the pension was paid, as stated by a BCV spokesperson.

Some of the pensioners received the 10,000 and 20,000 bolivars bills on Friday June 21 when the social benefit was canceled. Half of the allocation of  40,000 bolivars was dispensed through the ticket office, as agreed by the Central Bank of Venezuela (BCV) and the Superintendency of Banking Sector Institutions (Sudeban).

According to information from the regulatory body, the tickets meet the security characteristics. However, the people consulted agree that it looks like a washed paper or a photocopy of an original; not only for its soft colors but for not presenting reliefs. They are not perceptible to the touch.

In the same way, a private banking executive highlights as a difference and a concern that the new banknotes do not contain the elements of relief necessary for them to be identified by people who have a visual disability.


Source: Banca & Negocios 

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