Saturday, February 6, 2016

Pound-euro exchange rate: only those with valid documents can arise in the Bank of Italy. The list of reimbursable banknotes – Florence Post

conversion-lira-euro

ROME – Until two weeks ago, that is, since it was re-opened the possibility of making the change in euro ( January 22), there were still in the drawers of the Italians, more than one billion old lire. It was changed at branches of the Bank of Italy for a value of around 564,000 euro. It is as if they had 74 Italians still in the house a little more than 13 million lire, about 7 thousand euro. Around 74 were exchange transactions carried out in implementation of the Constitutional Court ruling that declared illegal the Decree Law 201 of 2011 by which the deadline for the change was anticipated by February 28, 2012 to December 6, 2011. To make known is the Bank of Italy. It should be remembered that the lira coins ceased to be legal tender on 28 February 2002. Now can change the lire in euro only those who had submitted applications in fixed terms. Below we publish the list of the remaining redeemable notes.

JUDGMENT – Since the publication of the judgment of the consultation have been received by the Central Bank of Italy about 2,300 requests for information and reports (based on the module that we published on Firenzepost), some of which also addressed to the Ministry of Economy and Finance. The Bank responds individually to each request, analyzing the different cases in the light of the received operating instructions. So far it has been acknowledged to almost half of the communications received.

MINISTRY – In giving effect to the Constitutional Court, the Ministry of Economy and Finance, to ensure certainty and transparency to conversion operations, it has an explicit obligation to demonstrate that he had submitted the request to change between December 6, 2011 and February 28, 2012, specifying the amount.

rEQUEST bY February 28, 2012 – As announced by press release of 21 last January, in accordance with local regulations, the Bank of Italy may therefore proceed with the conversion of lire only if this obligation is respected. exchange transactions that do not satisfy this condition, ie advanced by people who are not able to demonstrate that they have submitted a request for conversion within the original terms, not being provided for in the current legislative framework, requiring the introduction of a new standard.

MINISTERIAL INSTRUCTIONS – in fact it can be satisfied only those who are able to document that they have requested to convert pounds between December 6, 2011 and February 28, 2012, specifying the amount, will perform the conversion at any Branches of the Bank of Italy which perform the State Treasury service, namely: Agrigento, Ancona, Aosta, Bari, Bologna, Bolzano, Brescia, Cagliari, Campobasso, Catania, Catanzaro, Florence, Forlì, Genova, L ‘ Aquila, Lecce, Livorno, Milan, Naples, Palermo, Perugia, Pescara, Potenza, Reggio Calabria, Rome Branch, Salerno, Sassari, Turin, Trento, Trieste, Venice, Verona.

DOCUMENTATION – Those interested can go to the door leading – in addition to the lire to convert – proper documentation of the request made at the time, in particular: written requests (printed by subscription, via PEC or simple e-mail), or statements regarding the failure to effect change by a branch of the Bank of Italy, provided that subscribed by the Institute staff, with date no later than February 28, 2012. the conversion can also be based on a different documentation, provided the same are similar reliability characteristics, which will be evaluated on a case by case basis by the Bank of Italy.

cAUSES – regarding the ongoing legal cases, where the conditions mentioned above the Bank of Italy will propose the conclusion of specific settlement agreements with lawyers the applicants. For any other cases, the Ministry of Economy and Finance has informed that are being essential legal and financial insights, for which the Bank of Italy will lend its cooperation.

For clarification and reports the conversionelireeuro@bancaditalia.it box is enabled.

List of reimbursable lira banknotes
500,000 “type 1997″
100,000 “type 1983″
100,000 “type 1994″
50,000 “type 1992″
10,000 “type 1984″
5,000 “type 1985″
2,000 “type 1990″
1,000 “type 1990 “

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