prijava
SARAJEVO, April 23 (FENA) - The Central Bank of Bosnia and Herzegovina has decided to withdraw from circulation banknotes of the Convertible Mark (KM) in the denominations of 10 KM, 20 KM, 50 KM and 100 KM released in the period from 1998 to 2009.
- Denominations of 10 KM, 20 KM, 50 KM and 100 KM with the year of issue in 1998;
- Denominations of 50 KM and 100 KM with the year of issue in 2002;
- Denominations of 50 KM and 100 KM issued in 2007;
- Denominations of 10 KM, 20 KM, 50 KM and 100 KM with the year of issue in 2008;
- Denomination 50 KM with 2009 as a year of issue.
Banknotes that are withdrawn from circulation can be seen at the link Banknotes that are withdrawn from circulation and cease to be legal tender as of January 1, 2025. The dynamic of withdrawal of banknotes from circulation: Banknotes of the convertible mark in denominations of 10 KM, 20 KM, 50 KM and 100 KM put into circulation in the period from 1998 to 2009 can be used for unhindered payments until December 31, 2024.
Starting from January 1, 2025, the mentioned issues of KM banknotes cease to be legal tender and cannot be accepted in circulation to settle any obligations, and they are subject only to the replacement process as banknotes are withdrawn from circulation.
After they cease to be legal tender, the banknotes will be replaced by commercial banks in Bosnia and Herzegovina in 2025.
After the expiration of the replacement period in commercial banks, the replacement will be performed by the Central Bank of Bosnia and Herzegovina within a period of 10 years, starting from January 1, 2026, and ending on December 31, 2035.
Banknotes that will remain in circulation:
Banknotes in denominations of 10 KM, 20 KM, 50 KM and 100 KM issued in 2012, 2017, 2019 and 2024, as well as both editions of banknotes in denominations of 200 KM remain in circulation and are not subject to the withdrawal process.
Banknotes in denominations of 10 KM, 20 KM, 50 KM and 100 KM, which will remain in circulation, have an upright micro-optical security thread "Motion™" the display of which can be seen here.
Banknotes that are withdrawn from circulation do not have this security feature, and based on this easily noticeable visual difference, it can be easily determined whether it is an issue that will remain in circulation or an issue that will cease to be legal tender as of December 31, 2024.
Banknotes of issues that remain in circulation after 31 December 2024 can be seen at the link KM banknotes that remain in circulation.
Withdrawal of 10 KM, 20 KM, 50 KM and 100 KM banknotes released into circulation in the period from 1998 to 2009 will provide the following:
The level of quality of banknotes in circulation will increase, as banknotes that are withdrawn from circulation will be replaced with new, high-quality banknotes. Only banknotes with identical and enhanced anti-counterfeiting protection will remain in circulation, making authentication easier for the public, manual banknote handlers, and banknote receiving and processing devices, stated the CBBH.
(FENA) S. R.
