Damaged Leva Banknotes to Be Exchanged for Euros Under BNB’s New Guidelines

Cătălin Roșioru

The Bulgarian National Bank ( BNB ) has released another set of practical guidelines regarding the transition to the euro once the country joins the eurozone. Among the key points is the procedure for exchanging damaged and torn leva banknotes for euros , which will be possible directly at the bank. During the one-month grace period following euro adoption, payments can still be made in leva, but taxes and public obligations will only be payable in cash. ATM withdrawals in leva will not be