The Murmansk branch of the Central Bank of Russia has announced a coin return campaign running from October 26 to November 7, giving residents across the region an opportunity to exchange accumulated small change for paper banknotes or deposit the funds into bank accounts without paying a commission.
Spring collection returned 1.2 tons of coins
During the previous coin week held in the spring, northern residents returned 291,000 coins with a total value of 956,000 rubles, according to Yury Zheleznyak, head of the Murmansk branch. The metallic volume collected during the spring drive weighed 1.2 tons. Participating banks and major retail chains will accept any coins minted from 1997 onward during the autumn collection window. To speed up the exchange process at collection points, bank representatives advise participants to sort their coins by denomination in advance.
Campaign returns stagnant currency to economic circulation
The campaign operates across the Murmansk Oblast and nationwide as part of a synchronized effort to return stagnant metallic currency back into active economic circulation. Residents can consult the official coin week website for specific branch locations, participating retail store partners, and operating hours. Commercial banks waive standard coin-counting fees for participants during the designated dates.
Which coins and locations are accepted?
Which coins are accepted during the campaign?
Banks and participating retail chains accept all standard Russian rubles and kopecks minted from 1997 to the present.
Do participants need to pay any commission fees?
No, financial institutions waive all processing and counting fees for the duration of the campaign when citizens exchange small change for banknotes or credit the funds to an account.
Where can residents drop off their coins?
Coins can be brought to participating commercial bank branches and select major retail store locations throughout the Murmansk region. Complete lists of address locations are published on the official campaign website.
Related reading