Manipulated Scotiabank poster shared alongside digital currency claims

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Manipulated Scotiabank poster shared alongside digital currency claims
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🇨🇦 This is not an authentic scotiabank flyer. The original image shows a Covid-19 closure notice at a branch in British Columbia

Social media users are sharing a photo of a flyer that appears to say Scotiabank locations temporarily closed in March 2023 to implement"digital banking accounts," claiming this is part of a plan to eliminate cash. But the company told AFP the image is not authentic and that no branches were closed -- and the Bank of Canada said it has no plans to end the use of bank notes.

"The Wetaskawin, AB @scotiabank is closed this week because they are in the process of upgrading all banking accounts to DBA ," says a March 29, 2023."Central bank digital currency is an egregious loss of privacy & freedom. Fight back, use cash." The post includes a picture of a poster with the logo of Scotiabank, the third largest in Canada. The flyer indicates the Alberta location was closed until April 1.

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