New Delhi: For the past few days, the trend of buying and selling of old coins and notes is going up. People are collecting and selling antique notes and coins. Actually, on many websites, it is being told to get a good amount for these notes and coins. Old banknotes and coins are being sold through many online and offline platforms.
RBI alerts!
But let us tell you that RBI has recently issued an important information regarding this. RBI said that some fraudulent elements are using the name and logo of the central bank for sale of old banknotes and coins on online, offline platforms. 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.
In a tweet on its official Twitter handle, the Reserve Bank said, “It has come to the notice of Reserve Bank of India that certain elements are using the name and logo of Reserve Bank of India incorrectly and through various online, offline platforms.” For selling old banknotes and coins, people are asking for fee / commission or tax.
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
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 has no deal with anyone
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.
