The Bank of Zambia (BoZ) has reiterated that no additional time will be granted once the fixed period for exchanging old bank notes with new ones expires on March 31, 2026. In a statement availed to the media in Lavushimanda District, BoZ Assistant Director Besnat Mwanza said the exchange window, which opened on March 31, 2025, is in line with the Bank of Zambia Withdrawal and Exchange of Currency Regulations. She emphasized that after the deadline, old notes will cease to be legal tender and will no longer be valid for exchange.
Mwanza noted that the Bank is intensifying public sensitization through road shows and media campaigns as the deadline approaches. “The Bank of Zambia will continue informing the public by conducting road shows in selected areas and advertising on relevant platforms,” she stated. Meanwhile, Lavushimanda District Commissioner Terries Kunda urged stakeholders, including government workers, to sensitize communities on the importance of exchanging old notes before the deadline to avoid financial loss.
Speaking during an engagement with government departments, Mr Kunda stressed that sensitization is particularly crucial in remote areas where access to information is limited. Mr Kunda reminded residents that sufficient time has been provided and called for serious attention to the exchange period, with just two months remaining before the deadline. “Sensitization will advantage a lot of people in unreachable places to be aware of where to do the exchange of Bank notes,” he said.
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