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Unofficially consolidated translationDECISION ON AUTHENTICITY AND FITNESS CHECKING AND RECIRCULATION OF EURO BANKNOTES AND COINS (OGM 35/11 OF 21 July 2011, 61/18 of 14 September 2018)I. BASIC PROVISIONS

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Enter the amount of cash you want to recirculate.

05

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What is banknote recirculation by credit?

Banknote recirculation by credit refers to the process of reusing or redistributing banknotes that have been previously issued by the central bank, allowing financial institutions to manage their cash flow efficiently.

Who is required to file banknote recirculation by credit?

Financial institutions and entities that handle cash transactions are required to file banknote recirculation by credit to report the amounts of recirculated banknotes they have in circulation.

How to fill out banknote recirculation by credit?

To fill out banknote recirculation by credit, institutions need to provide details such as the total amount of banknotes being recirculated, their denominations, and any relevant transaction or account numbers.

What is the purpose of banknote recirculation by credit?

The purpose of banknote recirculation by credit is to ensure an accurate accounting of currency in circulation, enhance efficiency in cash management, and prevent the overissuance of new banknotes.

What information must be reported on banknote recirculation by credit?

The information that must be reported includes the total value of recirculated banknotes, the breakdown by denomination, date of recirculation, and the institution's identification details.

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