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RBZ reveals bank from which sealed $2 banknotes in car came

The Reserve Bank of Zimbabwe (RBZ) will institute disciplinary proceedings against a bank and its customer after its a wad of $2 notes in a car found their way onto social media.

The RBZ said in a statement that the notes came from a customer who had had withdrawn $15,000 from EcoBank. Current limits for cash withdrawal are $300 per week.

The statement read in part:

The Bank has conducted investigations on the matter, and the findings are that the banknotes in the circulating pictures emanated from Ecobank. Preliminary investigations by RBZ at Ecobank indicate that an amount of ZW$15 000 was withdrawn by one of their customers. Ecobank, together with their customer, are now assisting the Zimbabwe Republic Police with further investigations on this matter.
Appropriate disciplinary measures shall be taken against the bank and the customer and anyone else found responsible for such malpractices which bring the RBZ and the entire banking system into disrepute. Such malpractices cannot and should not be condoned.

Zimbabwe started issuing new notes on Monday through the banking system.

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