Don't write on currency notes, banker may deny to accept the same

The Reserve Bank aims to create awareness among people about not writing anything on the currency notes and that they need to keep them clean, Deputy Governor K C Chakrabarty said on Saturday.

However, when asked if banks would stop accepting such notes from Januray 1, 2014 onwards, he said: “If anyone writes anything on the currency note at the front of a banker then he may deny to accept that note so that this mistake may not be repeated again by that person.”

“Our aim is to create awareness among the people that they should not write anything on the currency notes and need to keep the currency notes clean,” he told reporters in Varanasi. Even earlier Reserve Bank of India in its communication vide RBI/2012-13/500 DCM (NPD) No.5133/ 09.39.000/2012-13 dated May 10, 2013 to all the Chairman and Managing Director/The Chief Executive Officer  of All Banks (including Co-operative banks and RRBs) on its clean note policy has reiterated that:

a) banks should do away with stapling of any note packet and instead secure note packets with paper bands,

b) banks should sort notes into re-issuables and non-issuables, and issue only clean notes to public; and,

c) banks should forthwith stop writing of any kind on watermark window of bank notes