People can swap their old banknotes for new notes ahead of the EId festival next week under a special initiative of Bangladesh Bank.

Notes and coins of all denominations from Tk 1 to Tk 1,000 can be exchanged at the counters of the central bank's various offices and 12 branches of scheduled banks in Dhaka.

The initiative will continue till July 16, Bangladesh Bank said in a statement.

Eight of the branches are: Janata Bank's New Market branch, Pubali Bank's Sadarghat branch, Prime Bank's Mouchak branch, One Bank's Basabo branch, Islami Bank's Shyamoli branch, Dutch-Bangla Bank's Dakshinkhan branch, Mercantile Bank's Banani branch and Bank Asia's Dhanmondi branch.