Bank-Notes
Sir, —I must raise my voice against the dirty bank-notes that circulate in New Zealand compared with the clean notes that circulate overseas. Is it necessary for a note on being returned to a bank to be re-issued to the public? The Reserve Bank should stop this practice, which could spread disease, and destroy all notes which are paid into the trading banks. The extra cost would not be great but the joy of having clean money would more than compensate. —Yours, etc., C. HATHERLEY.
May 13, 1966. [The Governor of the Reserve Bank of New Zealand (Mr G. Wilson) says: “The Reserve Bank always endeavours to keep the bank notes in circulation in a reasonably clean and presentable condition. The trading banks are continually withdrawing notes
from circulation and returning them to the Reserve Bank for destruction, but until notes are deposited or presented at a bank it is not possible to withdraw those in the condition the correspondent describes.”]
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Bibliographic details
Press, Volume CV, Issue 31062, 18 May 1966, Page 16
Word Count
162Bank-Notes Press, Volume CV, Issue 31062, 18 May 1966, Page 16
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