The CBBH reminds of the withdrawal of certain banknotes from circulation 12/16/2024 Tweet The Central Bank of Bosnia and Herzegovina reminds citizens that the convertible mark banknotes in the denominations of 10 KM, 20 KM, 50 KM and 100 KM released into circulation in the period from 1998 to 2009, are being withdrawn from circulation. In accordance with the Decision on the withdrawal from circulation of the banknotes in the denominations of 10, 20, 50 and 100 convertible marks put into circulation in the period from 1998 to 2009, these banknotes can be used for unhindered payments in circulation, until December 31, 2024, and after this deadline they cannot be received in circulation for the settlement of any obligations, and are subject exclusively to the exchange process as withdrawn banknotes. The exchange of the banknotes, after they cease to be the legal tender for cash transactions, will be carried out by commercial banks in Bosnia and Herzegovina in 2025. The Central Bank will continuously exchange these banknotes in full and free of charge to commercial banks in the regular procedure of handing over and taking over cash from the Central Bank's vaults. After the expiry of the period of substitution in commercial banks, the exchange will be performed by the Central Bank of Bosnia and Herzegovina within 10 years, starting from January 1, 2026, until December 31, 2035. As a reminder, the banknotes withdrawn from circulation refer to the following issues in denominations: Denominations of 10 KM, 20 KM, 50 KM and 100 KM with the year of issue in 1998 Denominations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. The banknotes that are withdrawn from circulation can be seen at the link Banknotes of KM that are withdrawn from circulation and cease to be legal tender as of January 1, 2025. The banknotes in the denominations of 10 KM, 20 KM, 50 KM and 100 KM issued in 2012, 2017, 2019 and 2024, as well as both issues of banknotes in denominations of 200 KM remain in circulation and are not subject to the withdrawal process. The banknotes in the 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. The banknotes of the issues remaining in circulation after 31 December 2024 can be seen at the link KM banknotes that remain in circulation. The 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 January 1, 2025. For additional information regarding the recognition of banknotes that are being withdrawn from circulation, inquiries can be sent to email: [email protected] or phone numbers: +387 33 278 335 and +387 33 278 212. The 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 the quality of banknotes in circulation will increase, as the 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.
