Reserve Bank of Vanuatu

Home Questions and Answers

Questions and Answers

1. How can I tell the difference between a genuine and counterfeit banknote?

Vatu banknotes have security features which are easily identifiable such as:

  • Metal thread running across the banknote
  • Watermark (face of a Ni-Vanuatu man)
  • A special feel of the banknote paper, rough and crisp.

 

2.Can I reproduce or make copies of banknotes?

The RBV Act [CAP125] prohibits any person other than the Reserve Bank to issue currency in Vanuatu.

It is therefore a crime to reproduce Vatu banknotes (fake or copies) and anyone caught doing that will be prosecuted.

 

3.What should I do if I have damaged (burnt or torn) banknotes?

Damages do not take away the face value of genuine banknotes. Any damaged banknotes must be taken to the Reserve Bank who will determine if the damaged notes can be exchanged with reissue notes.

Commercial banks maybe also contacted for assistance with damaged notes.

 

4.What about soiled coins?

Vatu coins which are soiled and dirty can be still exchanged with a reissue coin at the Reserve Bank.

 

5.Where do I store my banknotes and coins?

It is advisable to put your banknotes and coins in a bank account where it is safe and in a clean environment.

For any other questions, please contact the Reserve Bank of Vanuatu: