Qatar Central Bank : Press release (Withdrawal of banknotes from fourth edition)

With reference to the decision of His Excellency the Governor of Qatar Central Bank No (99) of 2020 issued in the Official Gazette dated 27/12/2020 on withdrawing banknotes from circulation described in this announcement (fourth issuance) starting from the 18/12/2020, after the fifth edition was put into circulation, and pursuant to the provisions of Articles (54 and 55) of the Qatar Central Bank Law and Regulation of Financial Institutions promulgated by Law No. (13) of 2012.

The Qatar Central Bank is pleased to remind the honorable public that the last day for circulation of the banknotes of the fourth edition is Wednesday corresponding to 01/07/2021, and the banknotes of the fourth edition will become illegal and indemnified currency effecting from that date, with the holder`s right to recover its value from the Qatar Central Bank within a period not exceeding a 10 years from the date of the aforementioned withdrawal decision.

On this occasion, the Qatar Central Bank urges the honorable public the importance of preserving the national currency and not tampering with it, whether by writing, perforating or otherwise, warning that these actions are criminalized by the provisions of Article 56 of the aforementioned Qatar Central Bank Law.

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