Banknotes with a slim stripe may be exchanged till the tip of June, 41 million of them are in circulation – 2024-06-14 09:13:13

by times news cr

2024-06-14 09:13:13

Individuals have the final three weeks left, after which they will trade banknotes value 100 to 2,000 crowns in banks, the validity of which expired two years in the past. From the start of July, it will likely be attainable to trade these banknotes, which may be acknowledged by a skinny vertical silvery strip, solely at branches of the Czech Nationwide Financial institution. In accordance with her, 41 million items are nonetheless in circulation.

Banknotes issued between 1995 and 1999 expired on the finish of June 2022. Since then, it isn’t attainable to make use of them within the regular fee system, retailers have the proper to refuse them. In the event that they settle for them, they have to not put them again into circulation. Till the tip of June this 12 months, these banknotes may be exchanged at financial institution counters, from July this may solely be attainable at branches of the Czech Nationwide Financial institution, however for an infinite time.

In accordance with the central financial institution, round 41 million of those invalid banknotes now stay in circulation. The biggest quantity, roughly 20 million items, is 100 crowns, adopted by 200 crowns, of which there are roughly 13.5 million. Additionally, 4.5 million kroner, 1.9 million 5 hundred kroner and 1.1 million two thousand kroner weren’t exchanged.

Invalid banknotes may be acknowledged by the silvery stripe. Invalid patterns have it skinny and its shade doesn’t change when tilted. Quite the opposite, legitimate banknotes have a wider strip, which modifications shade from brown-purple to inexperienced when tilted. Invalid banknotes may also be acknowledged by the 12 months of subject.

The trade doesn’t apply to banknotes value 5,000 crowns. These stay legitimate each within the outdated sample with a skinny stripe and within the new sample with a thicker stripe.

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