Just over SEK 8 billion left – banks can still accept older banknotes and coins

Friday 30 June is the last day the older 100- and 500-krona banknotes and the older 1-, 2- and 5-krona coins can be used as legal tender. It is still possible to deposit them in a bank account, however.

There are still coins to a value of SEK 1.8 billion and old banknotes to a value of SEK 6.4 billion out in circulation. Once these coins and banknotes have become invalid, you will no longer be able to use them as a means of payment. You will still be able to deposit them in a bank account, however. 

The figures in the table have been rounded off.

Banks can accept the coins up to and including 31 August 2017.

The coins can be deposited in a bank account up to and including 31 August 2017. Please contact your bank in advance to find out the easiest way to do this. You can use myntkartan.se to find the nearest place to deposit your coins. Myntkartan.se lists around 900 banks and bureaux de change that accept coins. After 31 August 2017, neither banks nor the Riksbank will redeem them.

Banks can accept the banknotes up to and including 30 June 2018.

The banknotes can be deposited in a bank account up to and including 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 put them into your bank account for a fee of SEK 100.

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 questions as to where the money comes from. You may also have to present copies of receipts, agreements or invoices.

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