Business · Economy · 4 hrs ago

Russia’s Coin Week lets people exchange coins without a fee

Russia’s Coin Week lets people exchange coins without a fee

Russia’s Coin Week runs from October 26 to November 7, allowing people to take accumulated coins to participating banks and shops.

They can exchange the coins for banknotes without a fee or have their value added to a bank account or deposit.

The campaign is organized by the Bank of Russia and takes place twice a year.

Its aim is to return unused coins to circulation instead of leaving them stored in people’s homes.

Some banks may offer commemorative coins or banknotes, depending on availability.

People can check participating locations and exchange conditions on the campaign’s official website; they are advised to sort coins by denomination and bring a passport.

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PSB representativesBank representatives
Anyone will be able to exchange accumulated coins for Bank of Russia banknotes at PSB offices or credit the equivalent of the amount submitted to an account or bank deposit.
via URA.RU