Currency of the Republic of Kazakhstan 93 questions
What should be done in case of a refusal to accept, change and exchange the national currency?
If you were denied acceptance, change and exchange of banknotes or coins of the national currency, which are legal money, you should contact the nearest branch of the National Bank for further clarification of the circumstances and application of appropriate measures.
If you were denied acceptance, change and exchange of banknotes or coins of the national currency, which are legal money, you should contact the nearest branch of the National Bank for further clarification of the circumstances and application of appropriate measures. Information about addresses and contacts of regional branches of the National Bank can be found on our website.
We would point out that article 206 of the Code of Administrative Offenses of the Republic of Kazakhstan provides for an administrative liability in case of a refusal to accept banknotes and coins of the national currency in circulation. First time a warning is issued. For repeated refusal, within a year after an administrative penalty is imposed, a fine is imposed on business entities or non-profit organizations in the amount ranging between 5 and 25 monthly calculation indices. A fine of 50 MCIs is fixed аor second-tier banks and organizations engaged in certain types of banking operations.
Where can one exchange and change the national currency?
Banknotes and coins of the national currency can be changed and exchanged in all the second-tier banks, branches of Kazpost JSC and branches of the National Bank, subject to availability of one or another denomination at a cash desk.
Banknotes and coins of the national currency can be changed and exchanged in all the second-tier banks, branches of Kazpost JSC and branches of the National Bank, subject to availability of one or another denomination at a cash desk. Minimum amount and size of fees for transactions of cash change are fixed by banks and branches of Kazpost JSC on their own. In branches of the National Bank they can be changed free of charge.
Information about addresses and contacts of regional branches of the National Bank can be found on NBK website.
Is it possible to exchange obsolete banknotes of 500, 1,000, 2,000, 5,000 and 10,000 KZT denominations of 2006 standard?
Obsolete banknotes of 500, 1,000, 2,000, 5,000 and 10,000 KZT denomination of the 2006 standard can be exchanged for valid ones at all the branches of the National Bank without any restrictions.
Obsolete banknotes of 500, 1,000, 2,000, 5,000 and 10,000 KZT denomination of the 2006 standard can be exchanged for valid ones at all the branches of the National Bank without any restrictions.
We provide a reminder that an unlimited period for exchange of banknotes of the 2006 standard and subsequent years of issue starts from June 12, 2021. All the addresses and contacts of our branches are available on NBK website.
