12 minutes agoBQK approves some decisions, stops circulation of a 500 euro bill
Periskopi(2 years ago)
(2 years ago)The Central Bank of Kosovo has forced financial institutions, not the bank, to re-launch the 500-euro banknote. This has been made known in a media communiqué, where it says the decision was made by the BEC Board. “Bank and non-bank financial institutions are obliged to prevent the re-welcome of the existing currency worth 500 [...]
This has been made known in a media communiqué, where it says the decision was made by the BEC Board.
The non-bank financial and non-bank financial institutions are tasked with preventing the re-welcome of the existing banknote of 500 euros”, it says.
Likewise, those who do not exercise financial activity are obliged to declare the coins if they carry more than 100 units, regardless of the amount.
With the aim of preventing counterfeit money from being introduced, physical persons and legal persons who do not exercise financial activity are obliged to make currency statements if they carry more than 100 pieces/entires regardless of the HTTPx1>, the CEC says.
Full announcement:
