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Adequate supply of new series $1,000 notes The Hong Kong Monetary Authority (HKMA) today (20 March 2007) assured members of the public that sufficient stocks of the new series $1,000 banknotes are available to meet demand, in the light of the recent appearance of counterfeits of the old series (2000 and 2002) HSBC $1,000 banknotes. The arrangements for replacing these old series HSBC $1,000 banknotes have been working smoothly. In the light of recent developments and following further discussion between the HKMA and the Hong Kong Association of Banks (HKAB), HKAB have today given clear and specific advice to banks with the aim of ensuring that adequate facilities continue to be available for customers who wish to deposit the old series HSBC $1,000 banknotes or exchange them for other banknotes. "The recent problem of counterfeits is restricted to the old series (2000 and 2002) HSBC $1,000 banknotes. Other banknotes are unaffected", the spokesperson said. "Members of the public who have concerns about any old series (2000 and 2002) HSBC $1,000 banknotes in their possession may take them to their banks", the spokesperson added. The HKMA, in co-operation with the Commercial Crimes Bureau and HKAB, is continuing to give information and training to bank staff and others on how to identify the counterfeit old series (2000 and 2002) HSBC $1,000 banknotes that have recently been appearing. The police have also given advice to the general public.
For further enquiries please contact:
Hong Kong Monetary Authority
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