Published: 13.12.2018

To save customers' time, the procedure for the exchange of euro circulation coins at Latvijas Banka will change as of 2 January 2019.

  • Up to 100 euro circulation coins of any face value will be accepted for immediate exchange from a customer once a day.
  • If the number of coins submitted for exchange exceeds 100, they will be accepted for the purposes of recounting and verification at the cash processing centre of Latvijas Banka; the amount equivalent to the value of coins will be transferred to the customer's settlement account with a credit institution in Latvia or in another country of the European Union.
  • No more than five standard boxes of coins, irrespective of the number of coins they contain, will be accepted from a customer within a calendar month. One box contains ~1 400 small-denomination coins.

Monetu kastite

  • Unlimited number of coins will be accepted from the public benefit organisations* having submitted a written acknowledgement to Latvijas Banka, stating that they collect donations and specifying the type of fundraising and the approximate number of the coins to be exchanged. The amount equivalent to the value of coins will be credited to the respective organisation's settlement account with a credit institution in Latvia or in another country of the European Union.

 

* Public benefit organisations are associations and foundations, the aim indicated in the articles of association, constitution or by-laws of which is public benefit activities as well as religious organisations or the institutions thereof (hereinafter, religious organisations), which perform public benefit activities if such associations, foundations and religious organisations have been granted public benefit organisation status and if they use their income for activities of non-commercial nature and directed to ensuring public benefit activities (Section 3, Public Benefit Organisation Law).

Latest News

19.09.2024

Latvijas Banka is issuing a collector coin dedicated to the science theme

On Thursday, 26 September, Latvijas Banka will issue a collector...
06.09.2024

Building resilience to fraud and enhancing digital financial literacy with EU support in Latvia and Lithuania

Today marks the beginning of an ambitious project aimed at...
05.09.2024

Latvijas Banka hosts an annual conference "Financing a Better Future: The Vital Role of Finance in Achieving Sustainable Growth"

On 2 October 2024, Latvijas Banka is organising its annual...
03.09.2024

395 million non-cash payments totalling 491.8 billion euro were executed in Latvia in the first half of 2024

395.0 million customer non-cash payments totalling...
29.08.2024

Latvijas Banka invites crypto-asset service providers to pre-licensing consultations

Latvijas Banka invites companies seeking a crypto-asset service...
15.08.2024

Infographic: Key numbers of investment and alternative investment funds 2023

Key numbers of investment and alternative investment funds 2023PDF
13.08.2024

The US and Latvia will strengthen supervision of operational risks for virtual asset service providers as part of their training programme

From 13 to 15 August, Latvijas Banka will host training...
12.08.2024

Latvijas Banka receives COTY awards

Latvijas Banka's collector coin "Riga Fashion", issued in 2023, has...
30.07.2024

The turnover of Latvia's regulated market increased by 62% in the first half of the year

In the first half of 2024, securities of 20 regulated market...
24.07.2024

Latvijas Banka is set to ensure direct participation of payment and e-money institutions in central bank payment systems

The Eurosystem has adopted a harmonised policy that allows non-bank...
02.07.2024

Latvijas Banka Releases its Second Climate-Related Disclosures Report

Latvijas Banka, the central bank of Latvia, has released its second...
19.06.2024

Prizes were awarded to the winners of the Competition of Student Scientific Research Papers organised by Latvijas Banka

Today at the award ceremony held at Latvijas Banka, prizes were...