If you are also preparing to sell or buy old coins and notes, then first read this news. RBI has issued an important information regarding this. Know what RBI said.
New Delhi: The trend of buying and selling old coins and notes is going on for some time. There are many such platforms on the net where old banknotes and coins are being sold. But in the meantime, let us tell you that RBI has recently issued an important information regarding this. RBI said that the name and logo of the central bank is being used for the sale of old banknotes and coins. If you are also planning to buy or sell notes, then first read this news.
RBI cautioned
If you are also preparing to sell or buy old coins and notes, then first definitely check this information given by RBI. Online fraudsters are constantly trying to defraud the customers. For this, he invents new ways every day.
RBI cautions the public not to fall prey to fictitious offers of buying/ selling of Old Banknotes and Coinshttps://t.co/y0e9KfSb0G
— ReserveBankOfIndia (@RBI) August 4, 2021
RBI said this by tweeting
In a tweet on its official Twitter handle, the Reserve Bank said, “It has come to the notice of the Reserve Bank of India that certain elements are using the name and logo of the Reserve Bank of India in a wrong manner and through various online, offline platforms.” Asking people for fees/commissions or taxes for selling old banknotes and coins.
RBI not involved in any activity
The Reserve Bank has said in its statement, ‘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 authorization of any kind to any institution or person for such activities.
RBI clarified position
Let us tell you that RBI does not deal in such cases nor does it ever ask for any such fee or commission from anyone. The bank said, “The Reserve Bank of India has not given any authority to any institution, company or person, etc., to charge any fee or commission on behalf of the Reserve Bank on such transactions. The Reserve Bank of India advises the general public not to fall into the trap of such fake and fraudulent offers.
