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South African Reserve Bank
 
 
     
 
 

Dye-Stained banknotes 

Legislation
 
In terms of the Prevention of Organized Crime Act of 1998 it is an offence to retain or use the proceeds of unlawful activities.
 
Since it can be said that there is a rebuttable presumption that a banknote which has been stained under uncontrolled circumstances is the proceeds of crime, it will be an offence for the Bank to give value for uncontrolled dye-stained banknotes.
 
Banknotes in circulation that are discoloured, burnt or washed (collectively referred to as “bleached notes”) to remove ink dye may similarly to dye-stained notes, originate from criminal activities.
 
The Bank may therefore by law not exchange and/or give value for uncontrolled dye-stained or bleached notes found in circulation.
 
Please go the public awareness section of the Bank's site.
 
 
     
 
 
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