Beware of “dye-stained” SA-currency

Namibians are cautioned against dye-stained South African currency that is currently circulating in Namibia. The stained banknotes are worthless, as they are covered by a non-removable dye that was released in looted automated teller machines during the recent criminal insurrection in South Africa that saw scores of shopping malls and businesses targeted and destroyed by looters.

The Bank of Namibia on Monday issued a press statement warning the public that some of the looted, dye-stained money found its way to Namibia and is tendered as payment by people. The money is worthless, meaning should you accept it as payment any bank will decline to accept it during cash deposits.
ATM Currency Protecting Devices (ATMCPD’s) is a standard installation in auto-mated teller machines (ATM). The moment the ATM is damaged, a non-removable dye is sprayed on all cash inside the machine, rendering it worthless instantly. There are also cash-in-transit companies (undisclosed which cash-in-transit companies) are also using similar currency protecting devices, to counter cash-in-transit heists.
Should a person take the stained money, it cannot be used as a currency, as it is deemed destroyed and labelled proceeds from criminal activity. That means you might also have to explain to the local magistrate how you obtained such dye-stained money.

In what follows, the full extract of the press statement: “the Bank of Namibia hereby warns the public and other interested parties of the possibility that stained South African banknotes may have ended-up in Namibia after substantial looting of businesses in that country.
An obvious potential exists, given that Namibia uses the South African Rand as legal tender, for looted South African banknotes to make their way into the country. Therefore, the Bank is hereby cautioning members of the public and the business communities to be on the lookout for the dye-stained South African banknotes and refrain from accepting such money as they unusable in their current state.
ATM currency protection devices (CPD’s) were activated by looters in South Africa during the civil turmoil, resulting in dye-staining of the money. CPD’s are put in ATM’s and cash carrying devices to stain banknotes blue, green and red in the event of an attack.

Furthermore, the Bank of Namibia introduced the Dye-stained Banknote Policy in 2020, which governs how such protection devices can be used locally as a means of currency protection against theft, robbery and other related crimes in Namibia. It is against the same Policy to use or accept dyed banknotes for payments.
Given the extent of the turmoil and the damage to ATM’s and other infrastructure in South Africa, it is reasonable to assume that dye-stained banknotes may be used locally.
Members of the public are encouraged to report suspected dye-stained South African banknotes to your nearest police station or the Bank of Namibia for verification”.

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