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    Central Bank of Costa Rica Announces Dates for The Withdrawal of Banknotes Printed on Cotton Paper

    Nonetheless they will continue to be exchanged or deposited in national financial entities

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    Following up on what they announced in October of this year, the Central Bank of Costa Rica (BCCR) remembers the dates from which the banknotes of ₡ 2,000, ₡ 5,000, ₡ 20,000 and ₡ 50,000 printed on cotton substrate will be withdrawn from circulation.

    As of the dates indicated below, those banknotes will lose their value as a means of payment, but they may be exchanged or deposited in the financial entities:

    Date Detail

    January 1,2022

    Fifty thousand colones bills are withdrawn from circulation

    (₡ 50,000) and those of twenty thousand colones (₡ 20,000), issued in

    cotton paper. As of that date, they can be exchanged or

    deposited in financial institutions.

    March 1,2022

    Five thousand colones bills (₡ 5000), issued on cotton paper. From that date, they canbe exchanged or deposited in financial institutions.

    May 1,2022

    Two thousand colones bills (₡ 2000), issued on cotton paper. From that date, they can be exchanged or deposited in financial institutions.

    On the other hand, the bills printed on cotton paper of ₡ 10,000 will coexist as

    means of payment with the new ones of these denominations, printed in polymer (material similar to plastic) and put into circulation in mid-October, to date that

    the Central Bank establishes and that it will inform in a timely manner.

    https://gnosiscr.com/
    https://gnosiscr.com/
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