NBP stands with Ukraine
Exchange of hryvnia into Polish zloty
As a result of cooperation between Narodowy Bank Polski and the National Bank of Ukraine as well as with the operational involvement of PKO Bank Polski, in order to meet the needs of Ukrainian citizens staying on the territory of the Republic of Poland, as of 25 March 2022 the exchange of Ukrainian hryvnia (UAH) into Polish zloty (PLN) has been launched.
Purchase operations will be conducted in designated branches of PKO Bank Polski on the territory of the whole country. A list of the branches is available here: nbp.pl/ukraina/pko-placowki
No fees or commission will be charged for the purchase operations.
The following rules have been established in order to streamline the handling of many people in a short time:
- only banknotes with the following face values will be purchased: UAH 100, 200, 500 and 1000,
- damaged banknotes will not be exchanged, i.e. banknotes that are frayed, excessively soiled, stained, discoloured, or otherwise damaged, including as a result of placing a permanent inscription, overprint, drawing or other sign, as well as banknotes that are significantly torn, sewn or fastened, broken, damp, decayed and crumbling, and banknotes contaminated with liquids or solids,
- the maximum total value of banknotes that can be exchanged by one citizen of Ukraine is UAH 10,000,
- all citizens of Ukraine over 18 years old are entitled to exchange hryvnia,
- during the exchange operation, the presentation of a Ukrainian ID card in plastic form (internal passport), a Ukrainian foreign passport or a document confirming the assignment of a PESEL number, which indicates that the person presenting the document is a Ukrainian citizen, is required,
- the purchase price is fixed by the National Bank of Ukraine and currently stands at PLN 0.11 for 1 hryvnia.
All hryvnias purchased by PKO Bank Polski will be repurchased by Narodowy Bank Polski, which in turn will resell them to the National Bank of Ukraine after the end of the purchase operation. Under this operation, both PKO Bank Polski and Narodowy Bank Polski will apply the same exchange rate and will therefore not profit from the exchange of Ukrainian hryvnia into Polish zloty.
Under the concluded agreement, the limit of the total value of hryvnias purchased in the branches of PKO Bank Polski has been set at UAH 10 billion.