The Central Bank of West African States (Bceao) warns of false information about the new 50,000 FCfa note. To this end, it published on its official website, a press release on Monday, April 26, 2021.

The Central Bank of West African States (BCEAO) wishes to clarify that it has not made any changes to the current range of banknotes in its issue in circulation that remain valid. He "formally" denies the rumors about the introduction on the money market of a new denomination of 50,000 CFA francs. "The Central Bank of West African States informs the public that fraudulent messages attributed to it are disseminated on social networks tending to make believe the imminent introduction of a new denomination of 50,000 francs," reads the statement.

The banking institution reserves the right to initiate legal proceedings against the perpetrators and accomplices of acts and messages likely to harm monetary signs that are legal tender in the member states of the West African Monetary Union (WAMU).