BI withdraws five old banknotes

JAKARTA (JP): Bank Indonesia, the central bank, announced yesterday the withdrawal of old banknotes with Rp 100, Rp 500, Rp 1,000, Rp 5,000 and Rp 10,000 denominations, which were issued, respectively, in 1984, 1988, 1987, 1986 and 1985.

The withdrawal of the five banknotes will start on Monday Sept. 25, and last until Sept. 24, 2028.

"As of Sept. 25, 1995 those notes are no longer valid, as means of payment, but they can be exchanged at designated banks and post offices for notes of the same values," the announcement stated.

Until Sept. 24, 1998, the old banknotes can be changed at the offices of Bank Indonesia, Bank Rakyat Indonesia, Bank Negara Indonesia 1946, Bank Bumi Daya, Bank Ekspor Impor Indonesia, Bank Pembangunan Indonesia, Bank Tabungan Negara and PT Pos Indonesia.

After that date, the banknotes can be changed only at Bank Indonesia offices, until Sept. 24, 2028.

The front sides of the withdrawn Rp 100 banknotes feature a Goura Victoria bird, the Rp 500 notes a Cervus Timorensis deer, the Rp 1,000 King Sisingamangaraja XII, the Rp 1,000 notes hero Teuku Umar and the Rp 10,000 notes feminist R.A. Kartini. (kod)