The fourth set of RMB has passed the exchange period, which is the designated exchange bank now? OK

Updated on Financial 2024-05-01
7 answers
  1. Anonymous users2024-02-08

    The fourth set of renminbi.

    The exchange period has passed, and the designated exchange bank is now the People's Bank of China.

    Because the People's Bank of China is one of the five major state-owned banks.

    of the most qualified banks for special businesses.

    1.The fourth set of renminbi can be used by various banking financial institutions.

    Business outlets handle exchange, that is, commercial banks in the market can exchange Article 4 RMB.

    According to the regulations of the People's Bank of China, the centralized exchange period of the fourth set of RMB bonds is from May 1, 2018 to April 30, 2019. During this period, its holders can go to the business outlets of various banking financial institutions to handle the exchange. After the centralized exchange period, holders of the fourth set of RMB partial coupons can exchange at banking financial institutions selected by branches of the People's Bank of China.

    2.It is understood that after the end of the centralized exchange period, the Industrial and Commercial Bank of China, the Agricultural Bank of China, the Bank of China, and the China Construction Bank will continue to undertake the fourth set of RMB partial coupon exchange business in some business outlets in Changchun, and Changchun citizens can go to the designated business outlets to exchange according to the address.

    3.It should be noted that the 5 jiao and 1 jiao banknotes and 1 yuan and 5 jiao coins in the fourth set of renminbi can still be circulated and used, and no unit or individual may refuse to accept them.

    Extended information: In addition, according to China's Jilin Net, after the news that part of the fourth set of RMB coupons was out of circulation, some collectors have been paying attention to the fourth set of RMB at the collection level, and some of the prices can reach more than double the entire value. Industry insiders remind:

    The scattered fourth set of renminbi is not of great collection value. From the perspective of judging the collectible value of a coin, it must first be a complete set, and whether it is a serial number to have a collectible value. Many people think that the old coins saved at home have collectible value, but in fact, the value is relatively low, especially the damaged coins with poor condition and low collection value, it is recommended to exchange them at the bank as soon as possible, and they are afraid of damage in the later stage. ”

  2. Anonymous users2024-02-07

    What do you do with it??? Isn't it good to keep it as a souvenir? Or sell it in the entertainment market, and make a lot more money than changing it to the bank. . .

  3. Anonymous users2024-02-06

    Summary. After the end of the centralized exchange period, holders of the fourth set of renminbi banknotes and 10-point coins can exchange them at the banking financial institutions selected by the branches of the People's Bank of China.

    Can the fourth set of RMB still be exchanged at the bank?

    The fourth set of renminbi is also convertible at banks. The fourth set of renminbi is convertible at all banking institutions. The fourth set of RMB partial bonds is valid for exchange from May 1, 2018 to April 30, 2022, during which the fourth set of RMB banknotes and 10 coins can be exchanged at the business outlets of banking financial institutions.

    After the end of the centralized exchange period, holders of the fourth set of renminbi banknotes and 10-point coins can exchange them at the banking financial institutions selected by the branches of the People's Bank of China.

    Dear, is there anything else you can help with?

  4. Anonymous users2024-02-05

    After the fourth set of renminbi was withdrawn from circulation, the People's Bank of China gave sufficient time for the general public to exchange, and now that the time limit has passed, all banks in China will not exchange it, but can go to the coin market**.

  5. Anonymous users2024-02-04

    It can be exchanged at a district center branch in the city, and a large district center branch of ICBC, Agricultural Bank of China, Bank of China, and CCB.

  6. Anonymous users2024-02-03

    The fourth set of renminbi is a set of currencies issued by the People's Bank of China from April 27, 1987 to April 1, 1997, in order to meet the needs of economic development, further improve China's monetary system, and facilitate circulation, use, and transaction accounting.

    The fourth set of renminbi has certain innovations and breakthroughs in design ideas, styles and printing processes. The main scene pattern embodies the theme of building socialism with Chinese characteristics under the leadership of the Communist Party of China.

  7. Anonymous users2024-02-02

    Summary. According to the regulations of the People's Bank of China, from May 1, 2021, the fourth set of RMB will cease to be traded in the interbank market and will no longer be used as a means of circulation and settlement as legal tender. Therefore, unless you are a collector or researcher, holding a fourth set of renminbi cannot be exchanged for fiat currency at a bank.

    If you have a fourth set of renminbi and want to monetize, consider looking for deals with collectors and researchers, or through some dedicated auction or numismatic market**.

    According to the regulations of the People's Bank of China, from May 1, 2021, the fourth set of RMB will cease to be traded in the interbank market and will no longer be used as a means of circulation and settlement as legal tender. Therefore, unless you are a collector or researcher, holding a fourth set of renminbi cannot be exchanged for legal tender at the bank. If you hold a fourth shroud and want to monetize it, consider looking for deals with collectors and researchers, or Lu and Wang through some specialized auctions or numismatic markets**.

    Fellow, I really didn't understand, I can be more specific.

    OK. The fourth set of renminbi was issued in 1980 and is one of China's modern currencies in circulation. However, since May 1, 2021, the fourth set of renminbi has ceased to be distributed and traded in the interbank market, and is no longer used as a means of circulation and settlement as legal tender.

    Therefore, holding a fourth set of RMB cannot be exchanged directly for cash or other currencies at the bank. If you're looking to cash out your fourth set of RMB, here are some possible ways to do it:1

    Find collectors or researchers: Because the fourth set of renminbi has a certain collectible value and historical significance, you can look for some collectors and researchers who are interested. You can find such people through the Internet, auctions, coin markets, etc.

    2.Participate in numismatic auctions: A number of auction companies specializing in the purchase and sale of ancient coins and banknotes, including the fourth set of renminbi.

    You can monetize by participating in these auctions, which are usually conducted by professional appraisers and appraisers. 3.Participate in the Coin Market:

    In addition to auctions, you can also participate in a number of coin markets**. These marketplaces have specific collectible categories, and the services they provide will be relatively professional to ensure the security and authenticity of transactions. It should be noted that when **, we need to be cautious about all kinds of counterfeit coins or imitations.

    If you are unsure about the authenticity of the fourth set of coins in your possession, you can consult the relevant numismatic experts.

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