Redeeming invalid banknotes
The Riksbank has the possibility to redeem all invalid Swedish banknotes, regardless of their age. However, for invalid banknotes sent in after 1 October 2020 the administration fee will be raised from the current SEK 100 to SEK 200 per application. Please note that the Riksbank does not have an office where you can exchange or leave the banknotes. All requests for redemption must be sent by mail. We accept letters and parcels sent by mail, registered mail and Postnord’s Valueables service. The service is available for citizens of all countries.
How you submit your request
You can submit your request either by using the Riksbank’s web based form or by filling out and sending the paper form. When you make a request for redemption you need to explain the origin of the banknotes, as well as why they were not used while they were still valid. If you have documents confirming your explanation, please attach these to your request. On 1 October 2020 new regulations come into force, which means that only the person who owned the banknotes when they became invalid, or estates of deceased persons, will have the right to redeem them.
How you redeem your invalid banknotes
Fill in the form for Request for the redemption of invalid Swedish banknotes (PDF), print it out and sign it.
Send the banknotes to the Riksbank:
Once you have completed the form, send it together with the banknotes to the Riksbank. Contact your local post office if you want to know more about the postal service's insurance terms.
The address is:
Inlösen/Redemption of banknotes
103 37 Stockholm
Once we have received and registered your request an automated confirmation e-mail will be sent to you if an e-mail address was given on the form. If your request is approved the Riksbank will make a transfer to the bank account stated on your request without additional notifications.
Terms and conditions for redemption
The Riksbank has the possibility to redeem invalid Swedish banknotes from the public in accordance with the Sveriges Riksbank Act and the Riksbank’s regulations on the redemption of banknotes and coins, 2017:1. The Riksbank's new regulations on the redemption of banknotes and coins, 2020:1, which applies from 1 October 2020 (in Swedish only).
The Riksbank handles requests for redemption in accordance with the Swedish Anti-Money Laundering Act, which states that banks and other financial actors must assess the risk of transactions to prevent being used for money laundering purposes The Riksbank needs to understand the origin of the banknotes and obtain certain information about the person who makes a request to redeem invalid banknotes. You must give a detailed account of the origin of the banknotes and why they were not used or exchanged before they became invalid.
If a request is not approved the Riksbank will keep the submitted banknotes, as they have ceased to be legal tender.
The Riksbank’s Rules and Regulations: Read more about the Riksbank’s rules and regulations
Do you have any questions?
Contact the Riksbank, telephone 08-787 09 06. Telephone hours are non-holiday weekdays, 08.00–12.00. You can also contact us by email at email@example.com.
Tourists and foreign citizens
If you are a tourist and discover that you have invalid Swedish banknotes after you have left the country, you can send them to the Riksbank. The Riksbank has the possibility to redeem all invalid Swedish banknotes. If the request for redemption is approved, the Riksbank will deposit the amount in your bank account (even if it is a foreign bank account).