The Reserve Bank of Zimbabwe (RBZ) has issued a statement warning any traders and vendors that if they don’t accept the ZWL$5 note then they will have to answer to the Financial Intelligence Unit (FIU).
The full statement reads as follows:
PRESS STATEMENT
REJECTION OF THE $5 NOTE FOR PAYMENT FOR GOODS AND SERVICES
The Financial Intelligence Unit (FIU) is investigating cases involving traders who are rejecting $5 notes for payment for good and services. Such conduct is not only counterproductive but also criminal. ‘Those affected or inconvenienced by this malpractice should report to the Bank, the FIU or the nearest police station. The Bank urges all traders to conduct their operations within the confines of the law and respect consumers.
The Bank advises that all notes issued by the Bank and in circulation are still legal tender.John P Mangudya Governor
23 February 2021
RBZ via Twitter
If you encounter a case where a trader doesn’t accept your ZWL$5 note the contact details for the RBZ are in the link here.
What’s your take?