Wednesday, February 1, 2017

banknote of 500 zlotys in circulation from February 10 – Polish Radio

According to the Central Bank, from April 2014. until March 2016. NBP within the framework of the standard supply of banks and other authorized entities, as well as in branch offices the County national BANK issued banknotes in the amount of 379.8 billion roubles. Of this amount, 70.9 per billion was the total value of banknotes with upgraded security with a nominal value of 10 PLN, 20 PLN, 50 PLN, 100 PLN banknote 200 rubles (12 February 2016).

at the same time, the total amount of banknotes and coins in total circulation, returned from circulation through banks and other agents authorized and in operation in the offices of district branches of NBP at the specified time, was 341,4 billion.

New banknote 200 rubles

In February 2016. The national BANK put into circulation a banknote of 200 PLN with upgraded security. Banknotes of lower denominations (ie: 10, 20, 50, 100), was upgraded earlier and have been in circulation since April 2014. The operation was aimed at improving the security of cash turnover.

according to the Ministry of Finance, the value realized by the BANK zasileń is the nature of the contract of sale through a Bank or other body authorised by the law of the subject monetary signs, for which payment is made through the Bank to Bank transfer (electronic money). This means that put into circulation banknotes and coins not lead to an increase in the value of money in the economy and only changing its form of electronic money in the form of cash.

- the Value of cash money in circulation is not a result of the BANK’s decision, but only the result of the demand for money in this form of camera participants in economic turnover, with banks and other entities authorized zaspokajany is UXO marked in the message of MF.

the Level of fraud in Poland

Introduced in 1995. security and power supply system of the rotation of the bail work flawlessly, and the level of counterfeiting currency is low in Poland. Technological progress, which yields, however, in recent years, requires a technical operation consisting in modernising the security features of the General circulation.

the Supply of cash by the national BANK-banks and other legally authorized entities will start the cycle of circulation of money in the money market, which in turn affects banks for customers. The money remains available to customers, and returns through the banks and the Central Bank. When it is calculated, posortowaniu and authentication is the re-introduction of the banknotes and coins that meet the standards of quality in the handling of cash.

while banknotes and coins, which, given their wear and tear regarded as banknotes and coins that are in circulation are not reintroduced into circulation. Worn-out banknotes can be exchanged in banks and in the district offices of the NBP.

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