R200 banknotes in South Africa – which ones you can and cannot use

Stop clickbait :

“All R200 banknotes that were issued after 2005 remain legal tender and continue to co-circulate with the Mandela banknote series. Business is obliged to accept them,” said the SARB.
 
requiem said:
Stop clickbait :

“All R200 banknotes that were issued after 2005 remain legal tender and continue to co-circulate with the Mandela banknote series. Business is obliged to accept them,” said the SARB.
Click to expand...

And some ATMs are, in 2017, dispensing old pre-2005 ones for some reason...

Headline valid *bazinga!*
 
requiem said:
Stop clickbait :

“All R200 banknotes that were issued after 2005 remain legal tender and continue to co-circulate with the Mandela banknote series. Business is obliged to accept them,” said the SARB.
Click to expand...

https://www.resbank.co.za/AboutUs/PublicAwareness/Pages/ExchangeofoldR200banknotes.aspx
http://www.fin24.com/Business/Old-R200-notes-scrapped-soon-20100513
https://blog.standardbank.com/blog/.../05/facts-south-africa-s-r200-banknote-recall

These are the ones from before 2005 and must be exchanged at the Reserve Bank...
note.jpg
 
A motor-spares shop I went to in Rylands refused to accept a R200 note a few months back, even though it showed up ok on his flourescor machine
 
requiem said:
Stop clickbait :

“All R200 banknotes that were issued after 2005 remain legal tender and continue to co-circulate with the Mandela banknote series. Business is obliged to accept them,” said the SARB.
Click to expand...

Kruger Rands are also legal tender, good luck convincing the cashier though ...
 
NarrowBandFtw said:
Kruger Rands are also legal tender, good luck convincing the cashier though ...
Click to expand...

This was straight from the article.

Apparently I am trolling, or at least the power tripping article poster thinks so.
 
requiem said:
This was straight from the article.

Apparently I am trolling, or at least the power tripping article poster thinks so.
Click to expand...

Indeed, just pointing out a flaw in the default response from the SARB then: just because it is legal tender it doesn't mean shops will actually accept it.
 
supersunbird said:
And some ATMs are, in 2017, dispensing old pre-2005 ones for some reason...

Headline valid *bazinga!*
Click to expand...
Don't spoil their fun. If the "clickbait" headline is actually pertaining to the article they can't use words like "clickbait"

/waits for backstreetboy to come post "clickbait"
 
NarrowBandFtw said:
Indeed, just pointing out a flaw in the default response from the SARB then: just because it is legal tender it doesn't mean shops will actually accept it.
Click to expand...

From a 2013 article:

“The consumer should demand to know the reason for the refusal… Challenge the store to either call the police because they think it’s counterfeit, or give them the Reserve Bank’s number, and insist that they call and explain to us why they aren’t accepting your money,” Mathebula said.

The number to call is 0861 12 SARB (0861 12 7272) and ask for Candice Jeffreys or Nosipho Theyise. Mathebula also invited consumers to take photos of signs in shops about certain notes not being accepted, and e-mail them directly to him at [email protected]. “We will phone or visit those stores to make sure they stop doing this.”
Click to expand...

http://www.iol.co.za/pretoria-news/to-shops-who-refuse-customers-cash-take-note-1529942
 
Ockie said:
One more reason to transition to a cashless society. No more counterfeiting etc.
Click to expand...

Do you trust our government with a digital printing press where there is virtually zero cost to conjuring new ZAR's out of thin air?

That is the strongest counter-argument to a cashless society.
 
Well if the silver strips were in the same place on SA notes that might be a deterrent to counterfeiters.

Take ten R10 notes - every strip will be in a different place. Same applies to R20, R50 etc.
 
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