Saturday, December 31, 2016

Banknote of 500 PLN with issues. The national BANK wants to print, the government is against – Money.pl

national Bank of Poland supports the plans of introduction of a banknote of 500 rubles, despite the fact that the Ministry of Development. Protests of Department Matthew Morawieckiego will not help. The new chip, likely in February will go in our portfolios.

- the national Bank of Poland in accordance with the schedule, work continues on the introduction into circulation of banknotes of 500 rubles, – said the NBP television TVN24. This is a response to the objections related to a new denomination with a portrait of Jan III Sobieski, which is the Ministry of Development.

the NBP argues that the decision to impose a 500-tenge was right before the tests, which suggests that a new denomination is needed. The Bank recalled that up to 63%. all banknotes in circulation is 100 tenge. On the second place 200-dollar, which has a 13 percent participation. NBP concludes from this that the Poles need new banknotes of high denominations.

- the Current structure nominałowa banknotes was recorded in the first half of the 90-ies. and the 200 rubles were prepared in reserve, said almost a year ago, in the pages of the WP.

we must remember that in the vaults of the national BANK should be delayed a certain amount of money in cash, just in case. Previously, the role of such a reserve for 20 years held the banknote 200-złotowy. Its function must change now, because today has a very different meaning than two decades ago, when I showed him the first time. Why? For example, the average salary in 1995 was on hand approx. 600 UAH. And now it’s fine. 2800 PLN net.

NBP wants the new bills in the turnover has already entered in February 2017.

so the people voting do not agree G-n. In early December, Deputy Minister of development Tadeusz Kościński sent to the national BANK a letter in which asked about the cessation of work on the 500-złotowym.

“For such a decision, above all, is the fact that the high values were readily used for criminal actions. It turned out that the important role played by it is not in the daily deals, but as a convenient instrument of calculation in the “gray” zone.” – wrote Kościński.

he added that if the NBP wants to have a new bill, may he used only for interbank payments. Then he would never in our portfolios, but only in the vaults of the national BANK and other banks.

Kościński in the government is responsible for projects related to banking and questions on the electronic economy. He is an ardent supporter of the introduction of the Polish payment standard, that is the national credit card. In his opinion, it is better to support projects that replace cash, electronic money.

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