The National Bank of Bulgaria has adopted a new Ordinance No. 18 setting the national framework for quality control of euro banknotes and euro coins in cash circulation and for applying directly applicable European Union rules in this area. The ordinance sets conditions and procedures for reproducing euro banknotes and coins, replacing damaged genuine euro banknotes by the National Bank of Bulgaria, replacing unfit euro coins, retaining and assessing banknotes and coins suspected of being counterfeit or altered, sorting out unfit banknotes and coins, and using sorting and self-service machines. It also covers replacement of damaged genuine euro banknotes by banks, handling suspected counterfeit foreign banknotes and coins, and compliance controls for cash in circulation. The ordinance enters into force on the date the new Law on the National Bank of Bulgaria enters into force.
National Bank of Bulgaria 2025-07-31
National Bank of Bulgaria adopts a new ordinance on quality control of euro banknotes and coins in cash circulation
The National Bank of Bulgaria has adopted Ordinance No. 18, establishing a national framework for quality control of euro banknotes and coins in circulation, aligning with EU rules. The ordinance outlines procedures for reproducing, replacing, and assessing euro banknotes and coins, including handling suspected counterfeits and compliance controls. It becomes effective with the new Law on the National Bank of Bulgaria.