Vin Dayal: Difference between revisions

Vin Dayal (view source)

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 On December 9, 2019, the Central Bank of Trinidad and Tobago announced that all paper $100 dollar banknotes would cease to be legal tender as of December 31, 2019.
-According to newspaper articles in both the Trinidad Express and the Trinidad Guardian, Vin Dayal went to a branch of the State-run First Citizens Bank on December 23, 2109, and informed the bank that he intended to redeem all of the old paper $100 notes in his possession which amounted to TTD$28,046,500 (Trinidad & Tobago Dollars), which is equivalent to about USD$4,100,000 (US Dollars).
+According to multiple newspaper articles including both the Trinidad Express and the Trinidad Guardian, Vin Dayal went to a branch of the State-run First Citizens Bank on December 23, 2109, and informed the bank that he intended to redeem all of the old paper $100 notes in his possession which amounted to TTD$28,046,500 (Trinidad & Tobago Dollars), which is equivalent to about USD$4,100,000 (US Dollars).
 Because of the substantial amount, he was redirected to the Central Bank of Trinidad and Tobago (CBTT). Apparently CBTT representatives instructed him to visit the bank in person and fill out a source of funds declaration form prior to redemption of the notes in his possession.