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Originally published by Kenyans
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March 26, 2026
3h ago

CBK Issues Guidance as Businesses Raise Concerns Over Old Banknote Rejections

CBK Issues Guidance as Businesses Raise Concerns Over Old Banknote Rejections

The clarification followed a viral complaint from a trader who said customers were refusing to accept the old Ksh 500 note, despite it remaining legal tender...

✨ Key Highlights

The Central Bank of Kenya (CBK) has confirmed that older series banknotes, except the Ksh1,000 note, remain legal tender amidst public confusion.

  • All Ksh500 banknotes, both old and new series, are still valid for payment.
  • The Central Bank of Kenya (CBK) is advising traders to accept these notes and direct confused customers to commercial banks if issues persist.
  • Only the old Ksh1,000 note was demonetised in 2019; other older denominations are being phased out gradually without a set timeline.

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