Local banks say they are ready for the deployment of the new banknotes which will be in circulation effective today.
National Commercial Bank says 43 of its more than 300 Automated Banking Machines across the island will be ready to facilitate cash withdrawals of the new notes between June 15 to 16.
The bank says intelligent ABMs at 12 locations will also be able to accept deposits of the new banknotes.
NCB says it plans to complete the upgrade of its entire fleet of ABMs by September 2023.
At the same time, Jamaica National says a few of its ABMs will be able to dispense the new notes starting today.
It has listed 10 machines in its network with that function.
However, none of the machines are able to take deposits with the new notes at this time.
The bank says upgrades are being made to facilitate deposits in short order.
The Jamaica Bankers Association over the last few weeks has indicated that all members are working to have ABMs retrofitted for the deployment of the new polymer banknotes.
The Bank of Jamaica will extend its opening hours to 2:00 p.m. starting today, to facilitate the exchange of the new notes.
The current banknotes will, however, remain legal tender.
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