The National Bank of Georgia introduced a ban on the use of money banks Lari of all the denominations printed in 1995-1999. This is stated in the message published on Wednesday on the website of the National Bank of the country.
“by decision of the National Bank of Georgia from January 2022 by means of payment will no longer be used by Lari banknotes on which the year of release in the interval from 1995 to 1999. All nominal banknotes produced from 2002 to this day are declared a legitimate payment tool. Throughout the country. All legal entities and individuals are obliged to be uninterrupted and calculated by these banknotes, “the message.
In the National Bank, it is also stated that the owners of old money can exchange them for new samples in the regulator’s cash centers. As Additionally, TASS reported in the press service of the Central Bank, the decision to withdraw from the turnover of old banknotes was dictated by the fact that since 2013 began the process of updating the cash bills and the money of the old sample did not meet modern requirements. In the period from 1999 to 2002, the lari was not released.