Redeeming damaged and discoloured banknotes

To redeem banknotes, you will need to explain how you came into possession of them and provide documentation proving how you obtained them. The documentation may, for example, consist of bank statements, deeds of gift, deeds of distribution of an estate or a will. For any amount exceeding SEK 5,000, it is also necessary to submit proof of account ownership showing that the applicant is the holder of the account into which the money is to be paid.

The Riksbank assesses each application on a case-by-case basis. The amount of documentation required depends, amongst other things, on the size of the sum and the circumstances of the individual case. For larger sums, more supporting documentation is normally required, but the same documentation requirements may also apply to smaller sums, for example if several redemption applications have been submitted within a short period of time.

For further information on how to apply, please see the instructions on the website: Redeeming invalid banknotes | Sveriges Riksbank

Your application for the redemption of invalid banknotes must be received by the Riksbank by 30 June 2027 at the latest. You should therefore submit your application well in advance of this date to ensure that it arrives in time.
Read more: The option to redeem invalid banknotes will end on 1 July 2027 | Sveriges Riksbank

The processing time is normally 3-4 weeks. Cases that need to be supplemented with additional information will have a longer processing time.