Where can I exchange a mutilated
note?
Can I purchase currency directly
from the Eastern Caribbean Central Bank (ECCB)?
What should I do if I suspect a banknote
in my possession to be counterfeit?
Can I be reimbursed for a counterfeit
note?
What is the value of currency in circulation?
How is currency put into circulation?
Where are our banknotes and coins printed
and minted?
Can
I obtain specimen notes from the ECCB?
Where can I purchase numismatic coins
issued by the ECCB?
What are the diameters and weights
of the 2002 round coin family?
Where
can I exchange a mutilated note?
A mutilated note is one that is in such a condition
that the value is questionable and warrants special
examination to determine its value. Such a note may
be exchanged at ECCB’s headquarters, ECCB’s
Agency Offices or commercial banks, at partial or full
value, provided that it satisfies certain conditions.
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Can I purchase currency directly
from the Eastern Caribbean Central Bank (ECCB)?
The ECCB issues currency only to commercial
banks and approved international financial institutions.
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What should I do if I suspect
a banknote in my possession to be counterfeit?
You should immediately present the note to
a Commercial Bank clearly identifying it as a suspect
note or contact the nearest police station or the Eastern
Caribbean Central Bank (ECCB) Agency Office in one of
our member territories or the Currency Management Department
at ECCB’s headquarters in St. Kitts at (869) 465-2537.
If possible, you should provide information about the
person from whom the note was received.
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Can I be reimbursed for a counterfeit
note?
Counterfeits have no value and the Central
Bank is therefore not responsible for reimbursement
of counterfeit notes. The ECCB only has a legal responsibility
for the currency it issues, which is the legal tender
of the participating territories.
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What is the value of currency
in circulation?
As at 28 October 2005, currency in circulation
amounted to $592.41m.
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How is currency put into circulation?
Section 18(1) of the ECCB Agreement 1983 gives the ECCB
the sole right to issue currency notes and coins in
the territories of the participating governments.
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Currency is put into circulation by issue
to commercial banks, based on the demand for currency
by the public. Demand is influenced by a number of factors,
which include seasonal patterns of consumer spending,
for example carnival and Christmas.
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Where are our banknotes and coins
printed and minted?
De La Rue Currency, United Kingdom, prints
banknotes for the Eastern Caribbean Currency Union (ECCU),
while the Royal Mint, United Kingdom, mints our coins.
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Can I obtain specimen notes from the ECCB?
Specimen otes are only issued to Commercial
Banks in the ECCB's member territories and selected
Central Banks. top
^
Where can I purchase numismatic
coins issued by the ECCB?
Numismatic coins can be purchased directly from ECCB
Headquarters, ECCB Agency Offices and commercial banks
in member territories. For further details please refer
to the Numismatic
Coins page in the Currency Section of our website.
What are the diameters and weights
of the 2002 round coin family?
| Denomination |
Diameter (mm) |
Weight (Grams) |
| One Cent |
18.42 |
1.03 |
| Two Cents |
21.46 |
1.42 |
| Five Cents |
23.11 |
1.74 |
| Ten Cents |
18.06 |
2.59 |
| Twenty-Five Cents |
23.98 |
6.48 |
| One Dollar |
26.50 |
7.98 |
|
Currency
Management