What is the position of old generation ‘1000 shillings (Ksh)’ banknotes in Kenya? - FEMA - FAQ - FEMA

Ans. With the issuance and launch of the New Generation banknotes, Central Bank of Kenya has advised that in terms of Gazette Notice No. 4849 dated May 31, 2019 from Central Bank of Kenya available at: (http://kenyalaw.org/kenya_gazette/gazette/volume/MTk2Mg--/Vol.CXXI-No.69), and the Press Release dated June 6, 2019 available at: (https://www.centralbank.go.ke/uploads/press_releases/696932423_Press%20Release%20-%20New%20Generation%20Banknotes.pdf), all the currency notes of denomination 1000 shillings (Ksh) shall cease to be legal tender, and shall no longer be exchanged, with effect from October 1, 2019. (Published on receipt of request from Central Bank of Kenya)