Matooke Republic
Monday, May 4, 2026
  • 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
26
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

Uganda told to urgently align education system with AI skills demand

First oil transition takes focus at Oil and Gas Convention, banks urged to seize operational opportunities

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
Share10Tweet7Send
Norman Mwambazi

Norman Mwambazi

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

Related Posts

Bank of Uganda Governor Michael Atingi-Ego (left) appearing before a parliamentary committee.

Why Bank of Uganda is warning against the Sovereignty Bill

by Matooke Republic
5 days ago

...

BoU taps Euro Gold Refinery in push to strengthen gold reserves

by Matooke Republic
4 weeks ago

...

Bank of Uganda warns against money bouquets ahead of Valentine’s Day

by Matooke Republic
3 months ago

...

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

by Matooke Republic
11 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
12 months 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

EC EC EC

RECOMMENDED

L–R: Lt. Gen. Sam Kavuma and Ruth Kavuma (parents of the groom), newlywed couple Jethro Tashashina and Nsasiirwe Keinembabazi Karugire (centre), and Edwin Karugire and Natasha Museveni (parents of the bride).

Museveni’s Granddaughter Weds Gen. Sam Kavuma’s Son

May 3, 2026

Abeeka Band Proves Live Bands Are No Longer Background Music

May 3, 2026

MOST VIEWED

  • Parents of the groom, Lt. Gen. Sam Kavuma and Ruth Kavuma (seated), pose with Nsasiirwe Keinembabazi Karugire and her fiancé Jethro Tashashina (standing centre).

    PICTORIAL: Inside President Museveni’s granddaughter Nsasiirwe Karugire’s Kuhingira Ceremony in Kashari

    46 shares
    Share 18 Tweet 12
  • Museveni’s granddaughter Sasi Karugire holds Kuhingira ceremony

    46 shares
    Share 18 Tweet 12
  • Why government is banning daycare services in nursery schools and kindergartens

    33 shares
    Share 13 Tweet 8
  • Museveni’s Granddaughter Weds Gen. Sam Kavuma’s Son

    18 shares
    Share 7 Tweet 5
  • Museveni’s granddaughter Tasha Kunzi Karugire gets engaged

    89 shares
    Share 36 Tweet 22
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.