New banknotes being released on Sat to mark HM the King's birthday
The Bank of Thailand (BoT) is releasing the first batches of 500 and 1,000 bank notes bearing a portrait of His Majesty King Maha Vajiralongkorn on July 28 to celebrate the auspicious occasion of his birthday anniversary.
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According to the BoT, it will be the first time that all types of bank notes bearing the portrait of His Majesty the King Rama X are in circulation.
All financial institutions have been told to store enough new banknotes since many people are expected to obtain them when they are released on July 28.
New 500 and 1,000 baht banknotes can be obtained at any ATM and bank across the nation. Meanwhile, the old banknotes have not been withdrawn and can still be used for all types of purchases and payments.