Expert: new bill could become a popular gift for the winter holidays

© RIA Novosti / Alexei Codecoverage in fotobanka banknotes with denomination of 200 and 2000 rubles during the presentation in MoscowExpert: new bill could become a popular gift for the winter holidays© RIA Novosti / Alexei Codiscovered the image Bank

Denominations of banknotes in denominations of 200 and 2,000 rubles, admitted to circulation on the territory of Primorsky Krai and the Crimea Peninsula, will appear in mass circulation until the end of the first quarter of 2018. This is in anticipation of the «big premiere» the new banknotes to the correspondent of RIA Novosti said the associate Professor of «Financial markets» of REU named after G. V. Plekhanov Maxim Markov.

However, he added that in 2017, the new notes may be «one of the most popular, because of their creativity, new year’s gifts».

Commenting on widespread earlier reports that mass production of the new banknotes is expected in December 2017, the interviewee suggested that in most regions the issue will be resolved «within one and a half to two months immediately after the Christmas holidays.» So much time, he said, you will need to reconfigure ATMs and cash registers for the new tickets of Bank of Russia.

It is no secret that the adaptation of the equipment takes place under a special machine-readable protective signs. «Because Goznak and the Central Bank could announce in advance the questions to him there. Further all tasks will be addressed in the step by step», – he said.

On the other hand, calling the Dec, the Central Bank is likely to mean the timing of the transition to payments in stores «manual», suggested the speaker.

«But the calculations with the use of technology is another story. The transfer them for a new banknote takes time. Therefore, the shift is happening,» he added, Recalling that the values of 200 and 2000 rubles officially entered into circulation and are legal tender on the territory of the Russian Federation.

The main operator on the market of circulation of money is a savings Bank with its largest network of branches and ATMs. «I think the issues with the installation of the new software Sberbank will decide quickly enough. After him and the rest of the operators will establish ATMs for receiving and issuance of new banknotes,» said the expert.

He said that such major retail banks as «alpha Bank», «Messenger», «Russian standard» «East Express train» and others, focused on work with physical persons and having a large payroll, producing a large number of cards. So they definitely «interested in the fact that clients can receive full service, including using new banknotes.»

However, given that the setting of banking equipment on the admission of new cash requires investment in software and hardware, he admitted that «small banks are temporarily set up the exchange of new notes for old through the usual offices.» This will allow customers to fully use the ATMs and banks slightly to delay the timing of their technical modernization.

Recent high-profile cases in Khabarovsk and Vladivostok, when the terminal returned «user unknown bill Sevastopol», however, did not become sensation. According to the expert, «setting up of ATMs for new Bank notes could not begin ahead of schedule – even before their release.»

He also ruled out that the original design and binary-coded decimal, the origin of new banknotes can cause psychological rejection from the population. Rather, the opposite. In his opinion, «receiving them, citizens are unlikely to rush to part with them».

We watched it with a memorable hundred-ruble Olympic bills and bills related to annexation of Crimea. To the General public they did not go, remained in the hands of the population as a memory.

«Initially, I think people will keep and these works of printed art. Perhaps in anticipation of the New year banknotes are in denominations of 200 and 2,000 rubles will serve as a popular Christmas gift,» he commented. That is what happened to Olympic «Cuencame» on the eve of the start of the Winter Olympic games 2014 in Sochi, concluded the expert.

Source