Bulgaria Spreads Damaged Notes Reimbursement

Business | March 31, 2006, Friday // 00:00

If you have a damaged or mutilated banknote, you can already go not only to the Central Bank, but also to commercial banks, exchange bureaux and financial houses for reimbursement.

The mutilated note service was introduced in commercial banks, exchange bureaux and financial houses as of March 31 with an order of the Bulgarian National Bank.

Until now the Central Bank was the only financial institution to reimburse damaged, mutilated or contaminated banknotes, providing there are sufficient fragments or remains.

Friday's order obliges commercial banks, exchange bureaux and financial houses to accept damaged banknotes and replace their face value, as well as seize those that raise suspicions of forgery.

We need your support so Novinite.com can keep delivering news and information about Bulgaria! Thank you!

Business » Be a reporter: Write and send your article
Advertisement
Advertisement
Expats.bg All Are Welcome! Join Now!
Bulgaria news Novinite.com (Sofia News Agency - www.sofianewsagency.com) is unique with being a real time news provider in English that informs its readers about the latest Bulgarian news. The editorial staff also publishes a daily online newspaper "Sofia Morning News." Novinite.com (Sofia News Agency - www.sofianewsagency.com) and Sofia Morning News publish the latest economic, political and cultural news that take place in Bulgaria. Foreign media analysis on Bulgaria and World News in Brief are also part of the web site and the online newspaper. News Bulgaria