Matooke Republic
Saturday, November 8, 2025
  • Home
  • News
  • Entertainment
  • Gossip
  • Features
  • Business
  • Sports
  • Health
  • Photos
  • Relationships
Matooke Republic
  • Home
  • News
  • Entertainment
  • Gossip
  • Features
  • Business
  • Sports
  • Health
  • Photos
  • Relationships
No Result
View All Result
Matooke Republic
No Result
View All Result

Damaged cash: What to do if your money is damaged by fire, water, rats or anything else

Norman Mwambazi by Norman Mwambazi
November 7, 2019
in Business
Reading Time: 2 mins read
25
SHARES
Share on FacebookShare on Twitter

Yes a heartbreak is painful but have you ever found your money burnt in a fire or washed away by floods or eaten by mice or torn apart by an angry girlfriend who found out that you are getting the services of ‘Becky with the good hair’? That is truly a different kind of pain.

If you can collect the pieces, there is hope that Bank of Uganda can replace your cash with brand new notes of the same value, but as is almost everything else, there are terms and conditions which have been explained below.

1. Your damaged cash must bear at least one complete signature of either the Governor Bank of Uganda (BoU) or the Bank Secretary. This is used to ensure that it is truly a legitimate BoU currency note.

RELATED POSTS

Mubende United Artisanal Miners Granted Mining Licence

Eurogold, Mubende Miners partner to refine Uganda’s gold to global standards

2. Your note must have at least one full denomination printed figure. Don’t take a damaged shs10,000 note with three zeros, please. Your money will not be exchanged, matter of fact, you might be arrested for trying to defraud the bank.

3. Your cash must bear at least one complete serial number. In case you didn’t know, the serial number on the currency note is the real money, not the chimpanzees and rivers, those are just for decoration. Does your damaged note still have a serial number? If yes, you still have money. If no, then you, my friend, have nothing.

4. Lastly, your money should be at least two thirds (2/3) of the original size. Now this is very important. You don’t just pick tiny remains of the cash and take it to the bank for exchange, even if it has the serial number, the signature and denomination but it is not at least 2/3 the original size, it will not be excanged. Yeah, sadly.

Demo by Bankof Uganda.

If your damaged money fulfills the conditions above, however much (or little) it is, take it to any BoU currency center between 9 am – noon, Monday – Friday and it will be exchanged so you can use it to buy a fire extinguisher, waterproof roof, rat poison and a new girlfriend.

Related

Tags: Bank Of UgandaDamaged money
Share10Tweet6Send
Norman Mwambazi

Norman Mwambazi

Writing is my substitute for worry. Live. Love. Laugh. Be Good.

Related Posts

Opportunity Bank dominates Agricultural Credit Awards, wins 9 of 16 top honors

by Matooke Republic
5 months ago

...

Gift Shoko, Managing Director of Equity Bank Uganda.

Equity Bank Uganda recognized as Domestic Systemically Important Bank for third consecutive year

by Matooke Republic
6 months ago

...

Dr. Michael Atingi-Ego.

Meet Dr. Michael Atingi-Ego, the newly appointed BoU Governor who has served as Deputy Governor since 2020

by Matooke Republic
9 months ago

...

Bank of Uganda Deputy Governor Michael Atingi-Ego.

Bank of Uganda denies hacking in Shs60 billion fraud scandal, explains circumstances

by Matooke Republic
11 months ago

...

Valentine’s Day: BOU reminds public against using money notes in bouquets

by Matooke Republic
2 years ago

...

Next Post

Rock Boom gifts Moses Golola a brand new house as a token of appreciation for his loyalty

Bobi Wine opened doors for us to meet Museveni – Full Figure

RECOMMENDED

Mubende United Artisanal Miners Granted Mining Licence

November 8, 2025
Paul Businge.

What You Need To Know About The Inaugural State Of Marketing Address-Uganda

November 7, 2025

MOST VIEWED

  • Betsy Mugamba.

    Court upholds Sanyu FM’s dismissal of former Chief Operations Officer

    25 shares
    Share 10 Tweet 6
  • Here are the detailed timetables for the 2025 PLE, UCE, and UACE examinations

    109 shares
    Share 44 Tweet 27
  • Electoral Commission releases polling dates for 2026 general elections

    15 shares
    Share 6 Tweet 4
  • 29-year-old car washer sentenced to 21 months for stealing Shs 50 million from client’s vehicle

    13 shares
    Share 5 Tweet 3
  • How the New National IDs Look, What’s New About Them, and How to Collect Yours

    97 shares
    Share 39 Tweet 24
Matooke Republic

Uganda's only free Newspaper. Out every Thursday. Freshly peeled info. kiwatule, Kampala, Uganda.

  • Home
  • News
  • Entertainment
  • Gossip
  • Features
  • Business
  • Sports
  • Health
  • Photos

© Matooke Republic 2024

© Matooke Republic 2024

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.