Bank of Russia invited banks to inform customers about new banknotes

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The Bank of Russia recommended that credit institutions publish information about banknotes, including modernized ones, in their branches. The agency reports that “Hit the primer” Regarding the regulator’s letter to banks

The Central Bank recommends using materials about banknotes from the official website of the Bank of Russia at its stands.

As the Central Bank stated, fraudsters use information regarding the printing of new banknotes to deceive citizens. For example, under the guise of social workers they offer to install an application to check banknotes or visit apartments.

The regulator has been modernizing banknotes in recent years. In 2022, the design of the 100 ruble banknote was updated, and new 1000 and 5000 ruble notes were introduced in October 2023. However, the release of the updated “bin” was suspended due to criticism of the design.

At the end of October, Governor of the Central Bank of Russia Elvira Nabiullina announced About plans for more public discussion of the new banknote design. Expert groups and the general public will be involved in the process, responding to initial controversies sparked by changes to the 1,000- and 5,000-ruble notes, including disputes with the church regarding the depiction of temples.

Formerly Central Bank clarified Fraud scheme with 5000 ruble banknote

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