Alliance Bank joins the information campaign of cash payment security

The All-Ukrainian information campaign of cash payment security "Anatomy of the hryvnia", conducted by the National Bank of Ukraine, starts today.

The goal of the campaign is to teach Ukrainians how to quickly check the authenticity of hryvnia banknotes and remind the population which banknotes and coins are in circulation and which are no longer accepted for payment.

As part of this information campaign, the National Bank and its partners will inform Ukrainians where to exchange withdrawn, worn-out, damaged, doubtful banknotes and coins, as well as tell about the elements of protection of the national currency.

Despite the distribution of non-cash payments,

cash remains in widespread use in Ukraine, so the protection and reliability of cash currency should always be the focus of the central bank

"The hryvnia protection system is at a high level and corresponds to the protection systems of the world's leading currencies. The Ukrainian hryvnia has modern innovative security elements that allow you to easily verify the authenticity of the banknote visually and tactilely. You just need to know what to look for. once again we will remind Ukrainians about simple rules of safety of cash payments", - the Deputy Chairman of National bank of Ukraine Alexey Shaban told.

He explained that the level of counterfeiting of national currency banknotes remains consistently low. In 2020, per 1 million real hryvnia banknotes were only 5.5 counterfeit hryvnia banknotes. For comparison: this figure in the European Union last year was three times higher and amounted to about 17 euro banknotes.

At the same time, most of the counterfeit hryvnia banknotes withdrawn from circulation are of low quality. They are printed on printers and are designed for the inattention of citizens and cashiers. "We are convinced that the best protection against receiving counterfeit money is the awareness of Ukrainians. That is why we want to teach every citizen simple rules that will help easily verify the authenticity of Ukrainian money," said the Deputy Chairman of the National Bank.

In addition to training cashiers of banks, post offices, shops, gas stations and pharmacies, the National Bank is launching a special web page (landing) "Anatomy of the hryvnia", which contains answers to topical questions about secure cash payments.

The information campaign "Anatomy of the hryvnia" will last during July-September 2021 in all regions of Ukraine. It is supported by the Cyberpolice and the Strategic Investigations Department of the National Police of Ukraine.

“Bank Alliance is a teammate, it is part of the business team. We are sincerely interested in the results of our clients, so we can not be indifferent to each other - so it is accepted in any successful team. We all know that Ukraine has rapidly mastered contactless payments, but it is too early to forget about cash. We want to remind our clients about this and during the campaign we join the goals of the NBU. In our own communication channels, we will inform not only about important issues of the financial sector, but also about the security of cash payments, " - said Yulia Frolova, Chairman of the Board.

We join the campaign together with other participants!