Fan Yifei, Deputy Chairman of the People’s Bank, China’s Central Bank, announced on February 15, that commercial banks, after receiving money bills from customers, must disinfect the bills before re-circulating them and giving them back to customers. In regions that have severe novel coronavirus infections, bills must go through ultraviolet ray or high temperature treatment. Then they must be stored for 14 days before re-circulating them back to market. In regions with light infections, bills need to be disinfected and then stored for a week.
Guangzhou has gone one step further. It destroys bills received from hospitals, farmer’s markets, and the public transit system. Continue reading