Kyiv reminds Ukrainian banks of ban on Russian banknotes and coins depicting Crimea

The National Bank of Ukraine (NBU) informed Ukrainian banks, banking associations and the Ukrainian Postal Service (Ukrposhta) of a list of Russian banknotes banned for use in Ukraine, including banknotes and coins depicting the annexed Crimea, reports UNIAN, citing the NBU’s press service.

According to the report, the NBU sent a letter to banks listing the Russian banknotes put into circulation in 2018 that are currently banned for currency exchange and cash operations in Ukraine. These banknotes include a commemorative polymer banknote dedicated to the FIFA World Cup 2018 with a face value of 100 rubles, because it contains the image of the territory of Russia together with the Crimea on the reverse side.

Another banned piece of currency is a commemorative coin with a nominal value of three rubles dedicated to the Holy Trinity Cathedral in Simferopol.

The NBU repeated that the ban was established by the Instruction on the procedures of cash transactions by banks in Ukraine and the Procedure for the Organization and Implementation of Currency Exchange Operations in Ukraine.

The Russian Central Bank has put regular banknotes into circulation which depict the annexed Crimea as the main motif. The front side of the new green 200-ruble note, for example depicts a monument to sunken ships in Sevastopol. The Russian Black Sea Fleet is currently located in this Crimean city.

The National Bank of Ukraine has forbidden financial institutions from conducting transactions with bills depicting objects from Russian-occupied Ukrainian territories.

  ruble, Crimea, Russia