CBK has announced that any Kenyan citizen who is in possession of defaced currency notes that are worn out can visit the bank and have them replaced.
The announcement comes after an image of a worn out Sh50 note started doing rounds on social media.
According to the statement on the bank's website, notes, coins which have inner part with outer bordering rings can also be replaced.
“The Bank is not obliged to exchange any damaged currency. Any banknotes and coins presented for exchange will be carefully examined by the bank. The bank may seek to know from the presenter of the damaged currency as to how the notes and coins were damaged,” read the statement on the bank's web.
However, the bank gave conditions on anyone interested in changing his or her damaged currency, saying such currencies should not be deliberately mutilated and must be genuine, should be more than half the actual size and continuous and should also bear at least one complete serial number.