The Central Bank of Papua New Guinea has clarified heated talks of fake K100 notes at Kina Bank and elsewhere as false.

Countless posts have been made by concerned citizens on social media that counterfeit K100 notes were in circulations.

Acting Governor for the Bank of Papua New Guinea, Benny Popoita said the notes in question were obviously old ones that were still in circulation.

Lesieli Taviri said there were three versions of K100 notes in circulations.

Taviri is the executive general manager for Kina Bank.

They are, he said:

1. The first series of K100 notes has a serial number on the side and has 10 different features;

2. The second one has BPNG logo on it and the serial number is at the bottom of the note; and,

3. The third one features APEC logo and the bird of paradise -that is different from the two above.