The Water and Sewerage Authority is reminding the public that today, December 17, 2021, is the final day on which it will accept cotton currency notes ($1, $5, $10 and $20 bills), as well as the $50 note bearing series dates prior to 2020, for any cash transactions being conducted with the Authority.
In an advisory issued today, WASA says after December 17, it will no longer accept the old currency notes, as it transitions to the new polymer notes system.
“This is necessary pursuant to the Central Bank of Trinidad and Tobago Notice of Demonetisation of these notes, which will cease to be legal tender for cash payments, effective January 01, 2022,” WASA’s advisory states.
In addition to WASA, several other public and private sector entities have issued notices about cut off dates in December 2021 for receipt of phased out currency, including NP, the Supermarkets Association and Scotiabank, among others.
However, the Central Bank has issued notices giving assurances that the old banknotes—namely $1, $5, $10, $20 and $50 bills bearing series dates prior to 2020—can be redeemed for value INDEFINITELY at the Central Bank itself.
The Central Bank also continues to remind the public that from January 1, 2022, only the new polymer banknotes will be legal tender in Trinidad and Tobago.