FAQs

Issuer of Banknotes and Coins

Are torn banknotes legal tender and, in addition to multilated banknotes, are they redeemable? If so, what should I do?

Yes, as long as the salient features of the banknote are still present and the banknote can be mended without obscuring any of those important features. Small tears are natural and expected while a banknote is in circulation. Large tears, or missing portions may, however, render a banknote unfit, at which time it should be redeemed at the Central Bank. Multilated and torn banknotes may be redeemed in person between the hours of 9:30 a.m. to 3:00 p.m. Monday through Friday at the Bank's Cash Services Centre, provided they possess one complete serial number and at least 50% of the Governor's signature.


  1. Where are Bahamian banknotes and coins printed and minted?
  2. How is currency placed into circulation?
  3. What are the factors influencing the volume of banknotes in circulation?
  4. Can I reproduce a banknote for advertising or information purposes?
  5. Does the Bank still issue the $1/2 and $3 banknotes and the 15-cent coin?
  6. What should I do if I have a counterfeit banknote or suspect a banknote to be counterfeit?
  7. Can I be reimbursed for a counterfeit banknote?
  8. Are torn banknotes legal tender and, in addition to multilated banknotes, are they redeemable? If so, what should I do?


Available FAQs