Redeem your invalid banknotes now – the fee will be raised from 1 October 2020
News It is now three years since the banknote and coin changeover was completed, but there are still invalid banknotes missing to a value of SEK 5.5 billion. These are banknotes that became invalid during the changeover in 2015-2017. Take the opportunity to redeem your old banknotes before 1 October 2020, when the administration fee will be raised.
For invalid banknotes sent in after 1 October 2020 the administration fee will be raised from the current SEK 100 to SEK 200 per case. The reason is the high administration costs. Further information on how to redeem invalid banknotes can be found on our website, Redeeming invalid banknotes.
On 1 October 2020 the regulations for redeeming invalid banknotes will also be changed so that only the person who owned the banknotes when they became invalid will have the right to redeem the notes. This change means that invalid banknotes that have been sold or gifted no longer can be redeemed.