Do you have Czech money at home? They are withdrawing several banknotes from circulation, you CANNOT PAY with them

Illustrative picture for the article Do you have Czech money at home?  They are withdrawing several banknotes from circulation, you CANNOT PAY with them

Source: TASR/Štefan Puskáš

Since July, several models of Czech banknotes have become invalid. You can exchange them, but they won’t take them from you in the store.

Since July, several models of Czech banknotes have become invalid. You can exchange them, but they won’t take them from you in the store.

Illustrative picture for the article Do you have Czech money at home?  They are withdrawing several banknotes from circulation, you CANNOT PAY with them

Source: TASR/Štefan Puskáš

As of the first of July, the validity of the older models of Czech banknotes in denominations of 100, 200, 500, 1000 and 2000 Czech crowns expires.

Time for a change

The samples that are withdrawn from circulation are from the years 1995 to 1999. The banknotes will be able to be exchanged in all banks in the Czech Republic until June 30, 2024. The Czech National Bank (ČNB) informs about this on your website.

From July 1, 2024, you can exchange banknotes only at CNB cash desks, but for an unlimited time.

But the important thing is that from July of this year, these banknotes become invalid and it is not possible to pay for goods and services with them.

Which ones are they?

“The withdrawn older banknote designs are distinguished from those that remain in circulation by the width of the silver stripe, the protective feature that vertically crosses the banknote,” clarifies the Czech National Bank on your website.

The mentioned stripe is thin on the folded banknotes and its color does not change when tilted, while the latest banknotes have a prominent stripe and change color from brownish-purple to green when tilted.

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Several Czech banknotes are withdrawn from circulation

Source: Czech National Bank

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