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Exchange of National Bank of the Republic of Kazakhstan banknotes

16.11.2006 / Press-service

Today, exchange of National Bank of the Republic of Kazakhstan 200, 500, 1 000, 2 000, 5 000 and 10 000 banknotes was started. The exchange envisages concurrent circulation of banknotes with old and new design till November 15, 2007. During this period, both types of banknotes are considered legal means of payment, obligatory for acceptance on all the territory of Kazakhstan, in all types of payments, as well as bank transfers and transactions. After the expiration of this period, old design banknotes will be exchanged for one more year in branches and offices of National Bank. Later, old design banknotes will be accepted by National Bank for 10 years and will be exchange after an expertise.

JSC "Bank TuranAlem" branches will exchange banknotes at 1/1 rate, regardless of the amount and without any commission.

BTA cash machines are being filled with new banknotes according to previously arranged order. All cashiers in branches and offices were prepared and instructed for exchange. Information materials (posters and booklets) on new banknotes were produced and supplied to offices.

If during the period of concurrent circulation of banknotes any branch office of Bank TuranAlem will refuse to accept new or old design banknotes, regardless of its nominal, please the Head of this office or Chief Accountant of the branch.

Tenge coins will not change their design and will not be exchanged.

More information on new Kazakhstan banknotes you can find at www.Tenge2006.kz or Bank offices.