Five Bulgarian banks - United Bulgarian Bank, Bulbank, Commercial Bank Biochim, Bulgarian Post Bank and the Bulgarian National Bank (BNB) started to exchange national currencies that are already invalid in most countries in the eurozone. The Bulgarian National Bank will apply the euro changeover rate of BGN 1,95 between January 1 and February 28, 2002. A 0,25% fee will be imposed on the sum, covering the expenses for the transportation and insurance of the euro banknotes. After February 28, 2002 BNB will start buying euro banknotes for Bulgarian levs. As the year 2002 arrived around the world 50 BLN coins and 14.5 BLN banknotes - totaling EUR 646 BLN (USD 568 BLN)- became legal tender in Austria, Belgium, Finland, France, Germany, Greece, Ireland, Italy, Luxembourg, the Netherlands, Portugal and Spain. Three European Union countries - the UK, Sweden and Denmark - have yet to sign up for the euro and are retaining their own currencies.