The Central Bank of West African States (BCEAO) is warning about false information about the new 50,000 FCfa note. To this end, it published a press release on its official website on Monday, April 26, 2021.

The Central Bank of West African States (BCEAO) wishes to specify that it has not made any changes to the current range of banknotes issued by its issuance in circulation, which remain valid. He “formally” denies rumours of the introduction of a new 50,000 CFA franc note on the money market. “The Central Bank of West African States informs the public that fraudulent messages attributed to it are broadcast on social networks tending to suggest the imminent introduction of a new 50,000 franc note,” the statement said

The banking institution reserves the right to take legal action against the perpetrators and accomplices of acts and messages likely to undermine currency symbols that are legal tender in the member states of the West African Monetary Union (UMOA).