Coronavirus scam: The Reserve Bank isn't collecting your 'contaminated' banknotes

accreditation

The South African Reserve Bank released a statement on Wednesday morning denying claims that it would recall banknotes and coins from the public amid the coronavirus outbreak in South Africa.

The coronavirus has caused considerable panic among South Africans, prompting some to panic by toiletries and supplies while rumours and false reports have made anxieties even worse.

President Cyril Ramaphosa announced government interventions to manage the challenge on Sunday evening and advised South Africans to adopt social distancing and work from home as far as possible.

The statement said the Reserve Bank believed criminals were visiting South African homes and telling them to hand over banknotes in their possession, claiming the banknotes had been contaminated with the coronavirus.

"The SARB has neither withdrawn any banknotes or coins, nor issued any instruction to hand in banknotes or coins that may be contaminated with the Covid-19 virus. The SARB will not, under any circumstances, send employees or representatives to collect cash from the public," the statement said.

The statement stressed that there was no evidence that the Covid-19 virus could be transmitted through the use of banknotes and coin.

The statement said if members of the public are approached by individuals claiming to be SARB employees and asked to hand in their cash, they should refuse and contact the police.

The Reserve Bank encouraged members of the public to continue following basic hygiene practices, including washing hands regularly and social distancing.

Compiled by Khulekani Magubane   

We live in a world where facts and fiction get blurred
In times of uncertainty you need journalism you can trust. For only R75 per month, you have access to a world of in-depth analyses, investigative journalism, top opinions and a range of features. Journalism strengthens democracy. Invest in the future today.
Subscribe to News24
Rand - Dollar
14.92
-1.1%
Rand - Pound
20.40
-0.0%
Rand - Euro
17.48
-0.0%
Rand - Aus dollar
10.83
-0.0%
Rand - Yen
0.13
-0.0%
Gold
1,750.56
0.0%
Silver
22.43
0.0%
Palladium
1,974.50
0.0%
Platinum
987.00
0.0%
Brent Crude
78.09
+1.1%
Top 40
57,643
0.0%
All Share
64,049
0.0%
Resource 10
57,254
0.0%
Industrial 25
82,879
0.0%
Financial 15
14,316
0.0%
All JSE data delayed by at least 15 minutes Iress logo
Company Snapshot
Voting Booth
What potential restrictions on unvaccinated South Africans may make the biggest difference to public health, the economy?
Please select an option Oops! Something went wrong, please try again later.
Results
Limited access to restaurants and bars
11% - 138 votes
Limited access to shopping centres
15% - 179 votes
Limited access to live events, including sport matches and festivals
26% - 326 votes
Workplace vaccine mandates
48% - 590 votes
Vote