As the Chinese New Year draws near, the Monetary Authority announced that new notes and good-as-new notes will be available for exchange at the branches of the three note-issuing banks from January 25 to February 9.

It also encouraged the public to use electronic channels such as the Faster Payment System or other e-wallet services for giving lai-see.

The note-issuing banks, ie Hongkong & Shanghai Banking Corporation, Standard Chartered Bank (Hong Kong) and Bank of China (Hong Kong), will put in place appropriate measures to facilitate the notes exchange, including advancing opening hours, dedicating additional operation hours for the notes exchange, and offering an online booking service.

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