Transition Period

The Caribbean guilder (XCG) will enter circulation on April 1^st, 2025.

The exchange rate is 1:1. They are of equal value.

The Netherlands Antillean Guilder (NAf.) and Caribbean Guilder (XCG) will co-circulate for 3 months from April 1^st, 2025, until June 30, 2025.

Cash payments in NAf. will be accepted for up to 3 months after introduction (until June 30, 2025), with change given primarily in XCG.

• At the local bank where you hold an account: up to 12 months after the introduction of the Caribbean Guilder; that is until March 31, 2026.
• At MCB the NAf. amount is deposited on the customer’s account; after which the customer can do a withdrawal for the same or desired amount in XCG in the Branch or at any Bankomatiko ATM. Please note: All the applicable withdrawal fees will apply. All exchanges are subject to the relevant Anti-Money Laundering (AML) and Combating the Financing of Terrorism (CFT) regulations.
• At the Central Bank (CBCS): for up to 29 years after introduction until March 31, 2055.

To exchange NAf. Banknotes (bills): Preferably via deposit into your account at one of our Bankomatiko ATMs or you can choose to deposit at the teller in our Branches. Please note that the applicable deposit fees will apply.

To exchange NAf. Coins: At the branch teller. Please note that the applicable deposit fees will apply. (Important: Please note that coins cannot be deposited at any Bankomatiko ATM.

Note: The funds will be deposited in your MCB Account and hereafter the client can withdraw the respective amount in XCG. Please note that the applicable deposit and withdrawal fees will apply. Non-MCB customers must exchange at their bank branch or at CBCS.

• To ensure that all incoming NAf. are properly accounted for.
• To comply with our Bank internal procedures related to AML/ATF.