From October 1, it is impossible to pay in small coins 1, 2 and 5 cents for cash payments according to the Resolution of the NBU Board from 20.06.2019, No. 82 "On the cash withdrawal from circulation of coins trebonianus".
Small coins will cease to be a tender and will be withdrawn from cash circulation. Over the next 3 years, you can exchange these coins without restriction and free of charge on the coins and banknotes of the other denominations in multiples of 10 cents:
- in all branches of PRAVEX – BANK within 1 year from the date of their withdrawal from circulation until September 30, 2020;
- the NBU and the authorized banks (Sberbank, PrivatBank, Raiffeisenbank Aval) – within 3 years from the date of their withdrawal from circulation until September 30, 2022, inclusive. To facilitate cash settlement will apply rounding rules total (in cheque) cash payments to multiples of 10 cents.
Upon payment of a fee of PRAVEX Bank in cash, the Bank will apply the method of rounding the amount according to the current legislation of Ukraine:
- the amount that ends up 1 to 4 cents shall be rounded downward to the nearest amount that ends in 0 cents;
- the amount that ends in 5 to 9 cents, rounded upwards to the nearest amount that ends in 0 cents.
in non-cash payments rounding will not be performed.