Bank of Jamaica (BOJ) wishes to advise that the new series of Jamaica polymer banknotes will be available over the counter at Bank of Jamaica, effective Thursday, 15 June 2023. In this regard, effective Thursday, 15 June 2023 through to Friday, 23 June 2023, the Bank will be extending its opening hours to the public and will be open between the hours of 9:00 am and 2:00 pm to accommodate our valued customers who may wish to exchange the old series of banknotes for new polymer banknotes at BOJ.
It is important to note that individuals who wish to exchange the old series of banknotes at BOJ, must ensure they have the following:
- Valid Government-issued photo identification (e.g. Driver’s Licence, Passport or National Identification Card).
- Taxpayer Registration Number (TRN).
- Source of funds documentation (salary slip, bank statement, job letter, work permit, etc.) for transactions reaching or exceeding US$1,000.00 or its equivalent in any other foreign currency. Please note the Bank may, at its discretion request similar information for amounts below US$1,000.00.
As is customary, the Bank will carry out its usual verification and authentication of the old series of banknotes prior to facilitating an exchange. Additionally, the exchange of mutilated and contaminated old series banknotes will be facilitated in accordance with the Bank’s usual stipulated guidelines (Bank of Jamaica FAQs).
Members of the public should note that both the old and new series of banknotes will co-exist as legal tender (i.e. both can be used to conduct transactions). The old series will remain in circulation until further advised by Bank of Jamaica.
The Bank will revert to the usual banking hours of 9:00 am to 1:00 pm as of Monday, 26 June 2023.
