Paying With 50 F Banknote Only Until December 31

12/20/2002

The Central Bank of Bosnia and Herzegovina (CBBH) reminds BH citizens that they can regularly use 50 F banknotes as the legal tender only until December 31, 2002.

 

 

After that, the CBBH will withdraw 50 F banknotes from the circulation and after that date those banknotes will not be used as the legal tender and cannot be accepted for payment of any obligations.

The commercial banks will continue to accept 50 F banknotes for withdraw from January 1 to March 31, 2003.

Withdrawal is being done because coins of 50 F are in circulation and the quality of the 50 F banknotes has been weakening steadily.

The decision of the CBBH Governing Board about withdrawal is based on the Law on the CBBH.

Public Relations Section

 



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