Changing Deutsche marks into Euros ? In message <60dim2lfv3kijbep22pubarvjrpijqs3nq@>, Andreas H.
Zappel <az-deletethis@ch-is.net> writes
>"tim\(yet another new home\)" <tims_new_home.uk> wrote:
>
>>> And these national banks did have a period to exchange the national
>>> cash. And this period was from a few month (6 month if I remember
>>> right) up to never ending (for the german national bank). In some
>>> countries they accepted coins for a shorter period and notes for a
>>> longer one.
>>>
>>
>>Maybe, but I'm not quite sure why you are writing this in the
>>past tense.
>
>Because in most countries the period was around five years. Only 2 or
>3 countries have a longer period.
>
>>There is, as yet, no central bank that will not accept bank
>>notes for exchange (save the complicated rules in NL)
>
>AFAIK the portugese central bank did change the notes for one year
>only.
No, Portuguese notes can be redeemed until 2022, French, Italian, Greek,
and Finnish notes until 2012, Dutch ones until 2032, and the others
without time limit.
Belgian, French, Greek, Portuguese, and Luxembourg coins are already
non-exchangeable, and Dutch coins are only redeemable until the end of
this year. Italian and Finnish coins are exchangeable until 2012.
Looking at the Irish Central Bank's website, they say that they will
exchange up to £3000 in notes and £500 in coin into Euro on the spot,
larger quantities will be paid into a bank account. They also say that
they will still exchange Series A notes (1920s - 1970s) and Series B
notes (1970s - 1990s), which I think is quite generous of them - I
though those had been withdrawn long ago!
--
Arwel Parry |