Deadline for Replacement of Banknotes with F 50, KM 1 and KM 5 Denominations Expires on December 31

11/17/2017

November 17, 2017

The Central Bank of Bosnia and Herzegovina (the CBBH) reminds the public that on 31 December  2017, it is going to expire the deadline for the replacement of the convertible mark banknotes with 50 Fening, 1 and 5 convertible mark denominations, which  have been withdrawn from the circulation and thus stopped to be the legal tender.

Banknotes denominated in F 50 were withdrawn from circulation on 31 March 2003, banknotes denominated in KM 1 were withdrawn on 31 March 2009, and KM 5 denominated banknotes were withdrawn as of 31 March 2010. Pursuant to the Decision of the CBBH Governing Board from October 2012, the deadline for replacing of these banknotes in commercial banks was extended until 31 December 2017, after which the commercial banks will no longer receive them.

The CBBH takes over the withdrawn banknotes from commercial banks successively, through branch vaults, and it continues to take them over until 31 March 2018, at the latest.



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