India

Indian Currency: Be careful before selling old coins or notes, RBI released important information

Indian Currency: RBI has cautioned those selling old coins or notes.  RBI says that it is being used by thugs.  Through this they are working to collect your important information.

Indian Currency: For the past few days, many news are coming out regarding the purchase and sale of old coins and notes.  People are selling old notes and coins through various online and offline platforms.  Recently, RBI has given an important information regarding this.  RBI cautioned that some fraudulent elements are using the name and logo of the central bank to sell old notes and coins on online, offline platforms.
If you are also preparing to sell or buy old coins and notes, then be careful.  Online fraudsters are constantly trying to cheat the customers.  For this, he invents new methods every day.

In a tweet it said, it has come to the notice of RBI that some elements are wrongly using the name and logo of RBI and to sell old banknotes and coins to the public from various online, offline platforms.  Asking fee/commission or tax.

The Reserve Bank has clarified in its statement that it is not involved in any such activity and will never ask for any fee or commission from anyone for such transactions.  At the same time, the bank has said that it has not given any right of any kind to any institution or person for such activities.

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