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PrivatBank has resumed currency exchange for individuals, it says – without any restrictions

PrivatBank has resumed currency exchange for individuals, it says – without any restrictions

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PrivatBank again carries out currency exchange operations at the bank’s cash desks for individuals in accordance with the updated requirements of the NBU.

This was reported by the bank’s press service.

As noted in the message, according to the updated norms and rules, all banknotes without signs of forgery or significant damage are accepted, suitable for both purchase and sale transactions, without any restrictions regarding the year of issue of banknotes and their denomination.

Signs of “significant damage” were not mentioned in the bank.

We remind you:

Earlier, from June 20, PrivatBank also resumed operations with cash foreign currency through a network of self-service terminals, including the service of replenishing cards, deposit accounts and buying currencies.

The state-owned PrivatBank has stopped accepting dollars and euros in its terminals since May 29. The bank did not explain whether they intend to resume this service later, as well as the reasons for which it was discontinued.

At the same time, according to sources, the problem was that customers often loaded old bills into the terminal.

At least this version voiced member of the board of Oschadbank (responsible for retail business) Anton Tyutyun.

On June 20, the National Bank reported that canceled the requirements regarding partially damaged banknotes and strengthened the requirements for banks and non-bank exchangers in connection with frequent cases when Ukrainians were refused to accept old or worn dollar banknotes.

As the National Bank emphasized, currency exchange operations should be carried out with all foreign currency banknotes without exception, except for significantly worn or damaged ones. All foreign currency banknotes, the authenticity of which has been confirmed using counters and detectors, must be accepted for exchange.

The National Bank prohibited banks and non-banking institutions from setting restrictions on the denomination and year of issue of foreign currency banknotes, which are legal tender in the territory of the relevant foreign state, during currency exchange operations.

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