SEK 4 billion left – the banks are able to accept banknotes until 30 June
Press release The older 100 and 500-krona banknotes that became invalid in the summer of 2017 can still be redeemed by banks until 30 June 2018.
There are still about 12 million 100-krona banknotes and 5 million 500-krona banknotes, with a total value of SEK 4 billion, which have not been redeemed.
You can still deposit them in a bank account until 30 June 2018. Please contact your bank in advance to find out the easiest way to do this.
If you still have invalid banknotes after 30 June 2018, you can send them to the Riksbank, which will redeem them by depositing the value of the notes, less a charge of SEK 100, into a bank account. Further information on how to proceed can be found on the Riksbank website, www.riksbank.se, under the heading Notes & coins.
Please note that banks and the Riksbank apply the provisions of the money laundering act, which means, among other things, that you may be asked ques-tions as to where the money comes from. You may also have to present copies of receipts, agreements or invoices.