Consolidated Version of the Swedish Riksbank's Regulations on the Redemption of Banknotes and Coins

Note that this consolidated version is a compilation, and the printed legislation is the officially valid one. A consolidated version is a full-text version where all changes have been incorporated into the base legislation.

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Riksbankens författningssamling
ISSN 0349-8344
Riksbankens föreskrifter om inlösen av sedlar och mynt Konsoliderad elektronisk utgåva Senast uppdaterad: 2026-07-03 Note that only the printed edition applies in legal application. Decided: 2020-06-23 Entry into force: 2020-10-01 Changes: RBFS 2026:1

Damaged banknotes

1 § The Riksbank redeems damaged genuine banknotes provided that the Riksbank assesses that there is no reason to assume that a) the banknote originates from crime or criminal activity, or b) the banknote has been submitted by a person who is not the rightful owner or representative thereof.

The Riksbank redeems the banknotes

1. with the full amount if an intact surface corresponding to at least two-thirds of the entire banknote remains, or
2. with half the amount if an intact surface corresponding to less than two-thirds but more than one-third of the entire banknote remains.

Worn banknotes

2 § The Riksbank redeems worn banknotes in accordance with the Riksbank's regulations on cash supply under the conditions specified in the first paragraph of Section 1.

Banknotes that have been altered or processed

3 § The Riksbank redeems genuine banknotes that have been altered or processed only if it can be assumed that the alteration or processing was not intended to cause the banknotes' format or appearance to deviate from what has been announced.

Banknotes that have ceased to be legal tender

4 § The Riksbank redeems banknotes that are no longer legal tender provided that the Riksbank assesses that there is no reason to assume that a) the banknote originates from crime or criminal activity, b) the banknote has been submitted by a person who is not the rightful owner or representative thereof, c) the person applying for redemption has acquired the banknote after it became invalid and the acquisition was not made through inheritance, will, or division of estate from the estate of the person who was the rightful owner of the banknote when it became invalid, or d) the banknote originates from business activity concerning the sale of goods and/or services for cash payment.

RBFS 2020:1

RBFS 2020:1
2 or division of estate from the estate of the person who was the rightful owner of the banknote when it became invalid, or d) the banknote originates from business activity concerning the sale of goods and/or services for cash payment.

Coins

5 § The Riksbank redeems genuine commemorative coins under the conditions specified for banknotes in the first paragraph of Section 1.

The Riksbank redeems, in accordance with the Riksbank's regulations on cash supply, genuine commemorative coins and worn genuine coins that come from such institutes as referred to in Section 2 of the same regulations under the conditions specified for banknotes in the above first paragraph of Section 1.

Otherwise, the Riksbank does not redeem coins.

The Riksbank's right to retain banknotes and coins

6 § The Riksbank has the right to retain banknotes and coins that have been submitted to the bank for redemption even if redemption has not been granted.

Fees

7 § In matters concerning the redemption of banknotes that are no longer legal tender, the Riksbark charges a handling fee of 300 SEK per granted case. (RBFS 2026:1)

RBFS 2020:1

RBFS 2020:1
These regulations enter into force on October 1, 2020. The Riksbank's regulations (2017:1) on the redemption of banknotes and coins are repealed by this legislation.

Regarding matters concerning redemption that have come to the Riksbank before the entry into force, however, the older regulations apply.

RBFS 2026:1

1. These regulations enter into force on September 1, 2026.
2. Section 7 in the older wording still applies to applications for redemption that have come to the Riksbank before the entry into force.