Regulatory Alerts2015-01-26
Regulation on Banknote Sale and Purchase for Special Purpose
The Bank of Mongolia issued this regulation to govern the purchase and sale of pre-1993 currency, uncut banknotes, and specimens to collectors. It establishes strict reserve limits, pricing multipliers based on quantity, and a one-set annual sales cap per customer to manage the currency reserve fund. The Banknote and Precious Metal Department oversees these transactions while ensuring secure storage and compliance with internal supervision protocols.
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