Money Exchange

In accordance with an agreement reached between the Federal Ministry of Finance, the Deutsche Bundesbank, the German Banking Industry Committee and the National Bank of Ukraine, refugees who have fled the war in Ukraine can exchange Hryvnia banknotes into euros in Germany from 24 May 2022. Refugees from Ukraine of legal age can convert a total of up to 10,000 Hryvnia per person into euros at a participating German credit institution. Banknotes in denominations of 100, 200, 500 and 1,000 Hryvnia belonging to the current banknote series issued by the National Bank of Ukraine will be accepted. The exchange rate at which the Bundesbank purchases the Hryvnia from credit institutions and later uses as a basis when returning them to the National Bank of Ukraine will be published each Friday at 14:00 on our website. The individual exchange transactions will be recorded in an online application operated by the European Central Bank, in order to ensure that the exchange limit per person is not exceeded. The identity of each refugee wishing to participate in the exchange scheme will be registered and checked, with the same documents being accepted as when opening a basic payment account for refugees from war-affected territories in Ukraine. Data protection requirements will be adhered to in the process.

• Free withdrawals from Ukrainian bank accounts ✅ (You need to show Ukrainian identification document)
• Exchange from Hryvnia to Euro is unfortunately not possible at Reisebank at HBF ❌