Costa Rica to Withdraw ¢1,000 Banknotes from Circulation in 2025
From November 1, 2025, series A and B of the ¢1,000 banknotes will no longer be valid, prompting citizens to exchange or deposit them.
The Central Bank of Costa Rica (BCCR) announced that starting November 1, 2025, the ¢1,000 banknotes from series A and B will cease to be valid as a means of payment.
These series need to be exchanged or deposited at various financial institutions across the country.
Series A and B banknotes, which have been in circulation since 2011 and 2016 respectively, are identifiable by a smaller transparent window in the upper right corner and color-changing leaf designs.
According to the BCCR, a significant decline of 94% in the issued notes from these series has been reported due to wear and tear, making it difficult to identify the security features on the notes.
Following the cutoff date, citizens are required to visit their regular banking institutions to facilitate the exchange or deposit of these notes.
The public will not lose their money, as they can still utilize these banknotes through the outlined processes.
Financial institutions may require customers to fill out a control form as stipulated by Law 8204, depending on the amount to be exchanged.
The newly issued series C, which has been in circulation since October 2021, will continue to be a valid means of payment.
Series C can be distinguished by its wider and more visible transparent window and features an image of Braulio Carrillo.
There will be no expiration date for the exchange process for series A and B. The BCCR has urged citizens to complete this procedure at their respective banks to avoid any inconveniences.
These series need to be exchanged or deposited at various financial institutions across the country.
Series A and B banknotes, which have been in circulation since 2011 and 2016 respectively, are identifiable by a smaller transparent window in the upper right corner and color-changing leaf designs.
According to the BCCR, a significant decline of 94% in the issued notes from these series has been reported due to wear and tear, making it difficult to identify the security features on the notes.
Following the cutoff date, citizens are required to visit their regular banking institutions to facilitate the exchange or deposit of these notes.
The public will not lose their money, as they can still utilize these banknotes through the outlined processes.
Financial institutions may require customers to fill out a control form as stipulated by Law 8204, depending on the amount to be exchanged.
The newly issued series C, which has been in circulation since October 2021, will continue to be a valid means of payment.
Series C can be distinguished by its wider and more visible transparent window and features an image of Braulio Carrillo.
There will be no expiration date for the exchange process for series A and B. The BCCR has urged citizens to complete this procedure at their respective banks to avoid any inconveniences.
