EC¢1 And 2 Cent Coins To Be Demonetized

(LOOP NEWS CARIBBEAN) – The Eastern Caribbean Central Bank (ECCB) is reminding holders of EC one and two-cent coins that the money will cease to be legal tender on June 30.

The bank said the coins can either be spent or turned over to commercial banks.

Businesses that receive the coins cannot issue them as change.

The process to demonetise the coins started in July 2015.