How and where to change money in the UAE and what currency to take. How to exchange torn money, as well as dilapidated and dirty
Handing over change to Sberbank is a great way to get rid of small money. Today, this is the only option for those who have a large number of coins and want to exchange them. Make it as simple as possible, and the whole process will take a minimum of time.
Why is it worth getting rid of trifles of 10 kopecks, 50 kopecks and another?
- Such coins are accumulated in large quantities and have no practical value.
- It is very difficult to carry them with you in order to give at least a small part while shopping.
- They take up space in the house or in the wallet.
- If you do not immediately give away small coins in other stores, then more and more of them accumulate over time.
Therefore, it is better to find a worthy use for a large number of coins. Does Sberbank accept them and what are the nuances of this exchange operation? You should understand all the subtleties and rules.
Getting rid of the little things is quite simple, it can be exchanged at the bank. This operation is fast, you will receive banknotes and will be able to fully pay with them in the store.
According to the decision of the Central Bank, Sberbank is obliged to accept change from people and exchange it. Bank employees cannot refuse you this operation, in any case you will be able to go through the procedure. 
Now you know whether it is possible to hand over a change to Sberbank. But how to do that? The process is quite simple and is carried out in several stages:
- In order to carry out this operation in 2019, you will need to provide a passport to employees.
- To write an application.
- The employee will count the coins for the exchange, make sure of their integrity and authenticity. After determining the amount, an agreement is concluded, you receive banknotes.
When making an application, you will need to provide the following information in it:
- Name of the person performing the operation.
- Number.
- The denomination of the coins you want to change.
- If a legal entity needed to exchange money, then the name of the organization is indicated.
Some Features
If you want to hand over coins to Sberbank, then you need to know some subtleties:
It is recommended that even before contacting the bank, check with the employees where you can carry out the operation as quickly as possible. In many departments, special machines for counting money are installed. They greatly speed up the process and save you time.
If there is no equipment, then with a large amount of little things, employees can schedule a time for a visit. During the hours indicated by them, the loading of cash desks is minimal, and it is possible to avoid queues during recalculation.
Take change to the store
Where can you donate change? It is possible to give it to employees of various stores. They are ready to accept only coins with a face value of one ruble and above. This fact should be taken into account when exchanging.
The procedure is quite simple:
- You need to approach the seller or cashier, clarify whether they need a change. Many stores are in dire need of coins and will gladly accept them.
- It is better to sort it into bags in advance to make counting easier.
- Give the change to the seller to determine the amount.
- You can then exchange it for paper money.
A trifle is a full-fledged means of payment, must be accepted on the territory of the Russian Federation. Therefore, coins from the piggy bank can be used to pay for various services and goods.
Where to give them? It is better to conduct transactions in a bank, which usually has equipment for counting coins. There are several possible uses:
- Payment for services at the box office.
- You can deposit money into your personal account and then withdraw it.
- You can buy currency with the coins you have.
- Payment of utility services.
- Lots of other operations.
The Bank cannot refuse to accept coins as a means of payment. Naturally, it is better to sort them so that the further calculation procedure takes a minimum amount of time.
Outcome
You can not only exchange money at Sberbank, but also use change to pay for services and deposit to your account. It can be credited to your card, and then paid in stores or withdraw cash from an ATM. This solution has several advantages:
- An employee has no right to refuse to accept money.
- You do not have to pay interest for the exchange.
- It's a clever way to get rid of the little things.
The procedure for counting a large number of coins will take some time. This fact should be taken into account, it is better to come during the hours of minimum workload so as not to create queues at the box office. These are all ways to get rid of the little things.
At the rate set by the Central Bank of the Russian Federation, this is a very common, but, unfortunately, not always profitable procedure. In Moscow, the most favorable exchange rates can be found at various exchange offices. But how to do it right and not run into scammers? Many people who are going to travel to other countries or have just returned from there are interested in this question. First you need to study all the offers, they may differ from each other. Therefore, it is very important to consider all options where you can find the best exchange rates in Moscow.
Currency exchange in banks
The exchange rate of foreign currency in banks located on the territory of the Russian Federation is set according to the data of the Central Bank. It is approximately the same in all financial institutions. The difference can be pennies. It will be noticeable only when exchanging a large amount of money. You can exchange euros, dollars or other foreign banknotes for rubles in a bank without much risk. Especially if it is state. So, the most favorable exchange rates in Moscow are offered by:
- Sberbank of Russia;
- "VTB 24";
- Rosselkhozbank.
It is no less profitable to change money in some of the private banks. For example, in Raiffeisen and Alfa-Bank. However, it is worth considering that the exchange rate of some currencies that are directly pegged to the dollar or euro can be very unstable. Quotes often change daily.
Specialized items
Finding the most favorable exchange rates in Moscow in exchange offices is much easier than in some banks. In addition, in specialized points you can buy and sell almost any foreign money. In banks, the circle of currency exchange is mainly limited to euros and dollars. In such a large city as Moscow, you can easily find an exchange office that operates around the clock. Very often they are automated. In this case, the risk of being deceived is reduced by several times. The exchange cost in them is also set according to the data provided by the Central Bank of the Russian Federation.
Internet currency exchange
Many people believe that the most favorable exchange rates in Moscow are offered on the Internet. Indeed, here you can find many sites that are engaged in the purchase and sale of foreign money. You can carry out this procedure both with a bank card and with the help of any electronic wallet. One of the most popular is WebMoney. In addition, you can choose the exchange rate yourself, from all the options offered on the exchange. The exchange takes place instantly. Only in rare cases, the procedure takes more than fifteen minutes. To simplify the procedure, the sites have a calculator. With its help, it is easy to calculate how much you need to give, and how much money you will receive in return.
But there are also disadvantages. A profitable exchange will be considered only if you do not need cash. When going on a trip, it is better to take dollars or euros with you. This currency is freely convertible, so you can use them or exchange them for the national currency in any country.
Here are the main places where you can find the best exchange rates in Moscow, as well as in other cities.
It is profitable to make an exchange from hands
What you should not do in Moscow, or in any other city in the world, is to exchange cash from your hands. The exchange rate is often very unstable against the ruble, for this reason it is very problematic to make a correct calculation without a specialist. In addition, the risk of running into a scammer is very high. Therefore, it is worth thinking in advance before deciding on this type of exchange. You can produce it only if you are completely confident in the person, you know him personally.
But still, a more reliable and most favorable exchange rate in Moscow can be made at banks or specialized points. They not only focus on the installation of the Central Bank, but also guarantee the authenticity of funds and the accuracy of the exchange calculation.
If you look at the ruble exchange rate according to the Central Bank, you will become sad: the currency is now very expensive. And if you look at the rates at which banks change this currency, it will become even sadder. The exchange rates of banks differ by 1.5-3 rubles, of course, in such a way that it is beneficial for the bank. And if you change more than 100 dollars, then you give the bank a rather large amount.
The question is, how then to be, especially if currency exchange is needed all the time?
There is a way. This is a currency exchange on the stock exchange.
Usually, everyone who is not related to finance by profession shied away from the word “stock exchange”. But here we are not talking about making money on shares, but about working on the foreign exchange market of the Moscow Exchange. More precisely, about a separate tool that helps to profitably exchange currency. And anyone can use it to save their money.
Why is it more profitable to exchange currency on the stock exchange?
There are several reasons why currency exchange on the stock exchange is more convenient and profitable than in a bank:
- The exchange rate is more favorable. It has nothing to do with the need for banks to profit from currency exchange operations.
- For operations on the stock exchange, brokerage companies take a ridiculous commission. "", for example, from 0.009% of the transaction amount.
- Opening an investment account costs nothing.
- You can change currency without visiting the bank, from any convenient place.
It's tempting. What to do to enjoy all these advantages?
What you need to change the currency on the stock exchange
Perhaps the biggest disadvantage of exchanging currency on the exchange is the need to conduct several transactions before the exchange.
First you need to open an account with an investment company, then transfer funds to it, then make a deal. For the last item, there are two options:
- Buy currency yourself. This requires a special program. The advantage of this approach is that you yourself do and control everything.
- Ask for help. You call the company and instruct the broker to complete the transaction. In this case, everything is done for you.
Then you need to withdraw funds to a bank account and use them.
In fact, all these actions take a little time if you use honed tools. Finam, for example, allows you to open an account remotely (documents are sent electronically), and the trading terminal works in such a way that you change the currency in a few clicks.
You only need to open an account once, so the subsequent currency exchange will be faster. Are the minutes you spend worth the savings of several thousand rubles? Undoubtedly.
How to save more when exchanging currency
We have already said above that brokerage companies charge a small commission for transactions, almost a penny. But there is one pitfall - a commission for transferring funds from a brokerage account to a bank account. In some cases, the amount is significant, so there is no point in messing with the exchange.
This reef can be bypassed if you open an account with an investment company affiliated with a bank. As a rule, you can transfer money between accounts in this case without commission.
The company's website "" displays the amount that you will save when exchanging currency on the stock exchange. It is enough to look at the rates offered by banks to make sure that it is profitable to change the currency through Finam.
When is it time to open an account and change money on the exchange? When you plan to change a large amount, when you often use the currency exchange service, or when you are just used to counting your money and are not going to throw it away.
Good afternoon friends! I decided to write material on today's topic literally yesterday, after one situation.
When leaving the store, I heard how one old woman complained to another that they had not accepted a torn bill from her. And each of us has experienced this at least once in our lives. But according to its denomination, a denomination of a denomination is different, and for someone it could be a good help.
In order to be able to defend your interests, you need to have an idea of which banknotes are considered dilapidated or damaged, and which ones have not lost their solvency. These rules are set by the central bank of any state, but the general principles are approximately the same. That is, the signs of classifying a banknote as suitable or not suitable are approximately the same everywhere.
So, dilapidated banknotes are called such banknotes that can be accepted as a means of payment, but when they get to a bank in Moscow or another city, they must be withdrawn for further disposal. How to determine that a banknote is dilapidated (torn, damaged, etc.):
- The banknote is torn on any side by more than 10 mm, including glued with paper or tape
- At least one corner is missing, with an area of 30 sq. mm or more
- Change in color or brightness (contrast) of the image by more than 10% due to contamination of the banknote
- Holes in a banknote with a diameter of more than 3-4 mm
- The presence of extraneous inscriptions or stamps that make it difficult to determine solvency
- Mechanical damage to the banknote, such as burnout, washing, etc.
- Excessive depreciation of a banknote, which makes it difficult to determine its solvency
Rules for determining solvency
And yet, the presence of any of these signs is sufficient for the money to be withdrawn from circulation. But such an operation is carried out only by banks, in which rubles flow in the form of proceeds from individuals and legal entities. And until the withdrawal of the banknote continues to be a means of payment.
According to the requirements of the Central Bank, neither banks nor any trading establishments have the right to refuse to accept torn or dilapidated money, except in cases where special equipment or expertise is required to establish their solvency.
That is, if the banknote was torn, glued, or fairly worn, it continues to be in circulation until it reaches the bank. In addition, the client has the right to exchange such a banknote for a new one at any bank without paying additional fees for this.
A banknote is considered to be exchangeable if it has retained 55% of its area. For example, if it has retained exactly half of the area, then it is already recognized as insolvent, and it will not be changed anywhere. This is due to the fact that no one should be tempted to tear money into exactly 2 parts and receive twice as much for them.
A banknote is considered damaged if it contains foreign drawings, inscriptions, a part of the image is cut out, and the like. In this case, it loses its solvency and cannot be accepted as payment for goods and services. But the free exchange of torn money for new ones exists only for the national currency.
If a client brings spoiled dollars and euros to the bank, then they will not be exchanged for him so easily. The fact is that the money will be sent for examination abroad, and this is a matter of several months. In addition, for such an operation (it is called “to hand over the currency for collection”), you will have to pay a commission from 3 to 10% of the face value, but not less than a fixed minimum.
Where to deal with old money
In order for the bank to issue you a new banknote, an examination may be required. But in fact, branches of many banks do not want to bother with such operations, because they will not earn a penny from the client. Therefore, often employees of commercial banks send people with torn money to state banks.
If the cashier cannot unequivocally establish the solvency of the banknote, he can send it for examination. Based on its results, an act is drawn up, which says whether the bill is real or fake. You will have to wait about a month or even more for the results.
Answering the question of which institutions in St. Petersburg should be contacted to replace torn money, I will say this: it is best to immediately stomp to Sberbank. There are even special windows for these operations.
Another thing is interesting: as the clients themselves say, in many cases the cashier of this bank cannot exchange a banknote just like that, but accepts it as payment for a utility bill. If you ended up in Kyiv and faced such a situation there, then you need to contact Oschadbank. Although, again, the law obliges any banks to carry out operations to replace bad banknotes.
Friends, I advise you to immediately join the number of subscribers to my blog, if you are not already one of them. This will help you improve your own and manage your finances more efficiently. Until new posts!
Surely each of us at least once wondered where you can change a torn bill. Due to a careless attitude to money, paper banknotes are easily torn or dirty, after which they can no longer be used as a means of payment. But not everyone knows that money can be exchanged at a commercial bank, for example, at Sberbank of Russia. Consider how to change a torn bill at Sberbank and how to do it.
What money is to be exchanged
First of all, you need to pay attention to what money is to be exchanged. Unconditionally, without additional examinations, you will be able to exchange a banknote if it is 100% of its area, that is, when it is torn or sealed, or torn, but you have all of its parts. In addition, all paper money with visible signs of defects is subject to exchange, for example, if the bill is stained with paint, burned or rubbed.
Please note that cashiers in stores are not allowed to give change to money that has signs of a defect.
According to the law, all paper money is subject to unconditional exchange if the area of the bill for exchange is more than 55%. In some cases, after examination, it can be exchanged for a new banknote, the area of \u200b\u200bwhich was 50%. There must be a number on the remains of the bill. In any case, when you go to the bank to exchange money, try to find both parts, this will save you from having to conduct an examination.
How to exchange money
If you are wondering if it is possible to change a torn bill at Sberbank? Be sure that you must exchange a damaged banknote at any commercial bank. This requirement is regulated by Decree No. 1778-U of the Central Bank of the Russian Federation.
Moreover, the exchange of damaged banknotes in Sberbank is carried out without any documents. It is enough just to come to any branch of the bank and present the banknote to the cashier, he must visually determine its authenticity and exchange it for a new one. If it is difficult to determine the authenticity of the banknote, the cashier is obliged to inform the head of the department, and then they will make a decision on the exchange.
If the bank refused, what to do
This can happen only in one case, if the employees of the financial institution have doubts about the authenticity of the banknote. But in this case, a reasonable way out, the cashier should offer the client to write an application for examination. This especially often happens when it is impossible to determine whether they are parts of one banknote by parts of one banknote.
By the way, several parts from different banknotes, each of which is less than 50% of the area of the whole banknote, of the same denomination cannot be exchanged.
The banknotes handed over for exchange are sent to the cash settlement center. The timing of the audit varies from two weeks to one month. After that, the bank is obliged to replace the damaged banknotes for you. By the way, the exchange of damaged banknotes at Sberbank is a free procedure, no commission is charged for this service.
So, where to change a torn bill? In any commercial bank in our country, this can be done without applications and documents, and also absolutely free of charge. If the bank, for some reason, refused you, then you can complain to the Central Bank of Russia. By the way, some financial institutions may require a fee for examination, it usually amounts to 10% of the face value of the banknote.