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Wireless

Safaricom will stop accepting old KES 1,000 banknotes on 26 September

Tuesday 24 September 2019 | 11:07 CET | News
Safaricom has announced that its M-Pesa shops will not accept the old KES 1,000 banknotes after 26 September. The Central Bank of Kenya announced in June that it would demonetise the KES 1,000 notes effective 01 October, to deal with illicit financial flows and counterfeits. All other denominations are unaffected and will continue to circulate alongside the new generation banknotes, the CBK said at the time. 

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Categories: Mobile & Wireless
Companies: Safaricom
Countries: Kenya
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