$100 Polymer Banknote

Everything you need to know about the new $100 change out.

Keep checking back for further updates.

$1000 Change Out

Introducing the new $100 bill


The Central Bank of Trinidad and Tobago has announced the introduction of a new $100 bill as a legal tender from December 9, 2019. The new bill is based on a polymer substrate and has significantly enhanced security features. Learn more about the $100 Polymer note.

Latest Updates


Click to view our official updates on the $100 polymer note.

View Updates

ATM Transactions

ATMs will continue to accept existing TT$100 until December 31, 2019. ATMs are currently dispensing the new polymer $100 bill at all Branch ATMs. See media centre for the latest info. 

We encourage you to continue using digital channels – point of sale, cash merchant services, online banking as far as possible to conduct transactions. 


The introduction is consistent with the objectives laid out in the Central Bank’s Strategic Plan 2016/17 2020/21 to improve the durability of the Trinidad and Tobago banknotes, upgrade the capacity to protect against forgery, and allow for easier tactile recognition by the visually impaired. Learn More 

Scotiabank Trinidad and Tobago Limited will only facilitate the process for our customers or a one-time exchange for unbanked individuals (persons who do not maintain an account at any bank).

Existing Scotiabank customers are asked to visit their home branch. Your home branch is the branch where your account was opened. 

Individuals with accounts at other banks are encouraged to approach their Primary Bank to conduct this transaction. This is recommended as a customer's main bankers will generally have greater access to the level of detail required to support the proposed deposits. 


A non-customer is a person who does not have an account at Scotiabank but has one or more at another banking institution. An unbanked customer is a person who doesn't have an account at any bank. 


The Bank will not accept old bills after December 31st 2019. The individual should be directed to the Central Bank to request further negotiation.

Scotiabank Customers: Yes. A limit of TT$50,000 is applied to withdrawals/exchanges in the first instance.

Customers without an account at any bank: A limit of TT$10,000.00 will be facilitated over the counter as a one-time exchange.

You will be required to attest to the fact that you don’t presently maintain banking services and provide (a) provide one form of national identification which shows nationality; (b) proof of address; and (c) sign a Source of Funds declaration.

Normal Know Your Customer(KYC)/Anti Money Laundering and Counter Financing of Terrorism (AML/CFT) guidelines will apply in each transaction.

Trinidad and Tobago Nationals: 

  • One valid form of ID - TT National Identification Card OR  TT Drivers Permit OR TT Passport 
  • Proof of address [as per standard procedure].
  • Have individual complete and sign “Non-Customer Source of Funds Declaration” Form


Non-Nationals who legally reside and work in TT: 

  • Government issued Registration Document - Example Work Permit.
  • Valid Proof of Address [as per standard procedure].
  • Have individual complete and sign “Non-Customer Source of Funds Declaration" form.



No. All Non-Customer (unbanked) cash exchanges must have a completed and signed SOFD for proper record keeping as per regulatory requirements.



Yes. Funds will need to be deposited into your account in order to facilitate the exchange and can then be withdrawn if required, up to TT$50,000.

If you require an amount in excess of TT$50,000 in cash of the new polymer note, you will be required to submit a request and the Bank will seek to honor within 48 hours if this is within your normal withdrawal pattern.

Transactions outside your normal profile will need to be substantiated/documented.

Normal Know Your Customer/Anti Money Laundering and Counter Financing of Terrorism (AML/CFT) guidelines will apply in each transaction.

Yes, such likely scenarios may include:

 Non-Customer (Unbanked) - Is unable to produce all required documents to facilitate the currency swap OR the reason stated on the Source of Funds Declaration Form does not make sense.

Existing Customer - Refuses to complete the Source of Funds Declaration Form for deposits in excess of TTD $50,000.00 / Explanation provided does not appear to make sense. (Normal KYC / AML guidelines will apply)


Yes. We will enhance our security measures at our branches to help our customers during this time.

Business, Commercial and Corporate customers

Given the particular situation, our Business, Commercial and Corporate customers will be required to utilise the night deposit facility during the month of December for making deposits. This is a more convenient and safe option that saves you time. If you do not have access to the night deposit facility, please speak with a branch representative for details.

Additional Resources

Central Bank of Trinidad & Tobago

View the latest news and FAQs from the Central Bank of Trinidad & Tobago

View Updates, Central Bank of Trinidad & Tobago

Contact Us

In Person

Contact us for more information

Find a local branch

Prefer to talk to us?

Mon-Fri (8am-6pm)