Act CXXXIX of 2013 on the Magyar Nemzeti Bank (3) of the MNB Act (MNB Act), credit institutions and postal services shall convert forint banknotes withdrawn from circulation for a period of 3 years from the date of the withdrawal. You can find detailed information on the conversion at MNB's website at https://www.mnb.hu/bankjegy-es-erme and in our relevant list of conditions.
The most important information about converting banknotes coined:
- Our bank exchanges banknotes withdrawn from circulation in all its branches, in accordance with the MNB, for legal tender for 20 years from the date of withdrawal.
- Our bank does not charge a fee for replacing banknotes with coated banknotes for a renewed banknote with the same denomination.
- Our Bank performs the exchange of banknotes withdrawn from circulation without any quantitative restrictions, in the case of a larger amount, under the conditions published in the condition list.
- Our bank does not make any conversion to the existence of a bank account or the use of the services it provides.
During the banknote exchange, the MNB will activate the following banknotes:
- 1 000 HUF issued before 2017 - inclusion date: October 31, 2018
- 2000 HUF issued before 2016 - date of inclusion: July 31, 2017
- Prior to 2016, 5,000 Forints - Inclusion Day: July 31, 2017
- 20000 Forints Issued Before 2015 - Inclusion Day: December 31, 2017