Press release of withdrawal of ROL 5,000 banknotes
31.05.2002
Pursuant to the provisions under Art. 19 of Law 101/1998-The NBR Act - the National Bank of Romania started withdrawing from circulation as of 1 May 2002, the banknotes with face value ROL 5,000 - 1998 issue.
Until 16 June 2002, the above-mentioned banknotes will be received in the usual way from individuals for payments by all economic agents and other institutions which are bound to receive the banknotes and not to put them again in circulation and to deposit them on a daily basis with the banks where they hold their accounts.
Between 17 - 30 June 2002, the banknotes will be accepted only by banks from individuals, economic agents and other institutions, for payment or exchange.
Between 1 July 2002 and 30 September 2002, the ROL 5,000 banknotes - 1998 issue, which ceased to be legal tender, may be exchanged by the National Bank of Romania branches only.