The Central Bank of the UAE (CBUAE) has reiterated the importance of safeguarding the nation’s banknotes, describing the dirham as a symbol of national identity and a cornerstone of the country’s economic system.
In a recent message shared on social media, the bank highlighted that preserving the condition of banknotes helps maintain public confidence in the economy while reinforcing national pride.
The CBUAE urged the public to handle cash with care, advising against defacing, tearing or damaging banknotes. It also warned against folding, crumpling or stapling notes, using sharp objects on them, exposing them to liquids or high temperatures, applying adhesives, or writing on their surface.
The central bank noted that protecting the UAE’s national currency plays a direct role in strengthening trust in the financial system, adding that even small actions such as careful handling can have a broader economic impact.
For individuals holding torn or damaged banknotes, the CBUAE has outlined clear procedures for replacement and compensation, depending on the condition of the note.
Full compensation is provided when two-thirds or more of the banknote remains intact. If more than one-third but less than two-thirds of the note is present, only half of its value is reimbursed. No compensation is offered when one-third or less of the note remains.
These rules apply exclusively to banknotes issued by the Central Bank of the UAE, with each case assessed individually to verify authenticity before any compensation is granted.
