C
Originally published by Citizen Digital
📰 Read Full Article
February 2, 2026
3h ago

CBK warns Kenyans against ‘money bouquets', cites currency misuse, damage

CBK warns Kenyans against ‘money bouquets', cites currency misuse, damage

CBK warns Kenyans against ‘money bouquets', cites currency misuse, damage..

✨ Key Highlights

The Central Bank of Kenya (CBK) has issued a warning to the public against the practice of creating "money bouquets" and other decorative displays using Kenya Shilling banknotes. This trend compromises currency integrity, interferes with cash processing, and leads to premature withdrawal and replacement of notes at an avoidable cost.

  • The CBK observed an increased use of banknotes for decorative purposes, leading to damage.
  • Section 367 of the Penal Code (Cap. 63, Laws of Kenya) prohibits the defacement, mutilation, or impairment of currency notes.
  • The practice affects the efficient operation of cash-handling equipment like ATMs and cash-counting machines, causing higher rejection rates.

Continue Reading

Read the complete article from Citizen Digital

📰 Read Full Article
Advertisement

Related News

Advertisement