Call Us + 33 1 84 88 31 00

Article R122-1 of the French Monetary and Financial Code

Subject to the provisions of Decree No. 2001-933 of 12 October 2001 on the perforated marking of Banque de France banknotes denominated in French francs, denominations of the banknotes listed in the annex to Article 1 of Decree No. 2002-192 of 14 February 2002 abolishing the legal tender status of banknotes will be accepted free of charge at the counters of the Banque de France, the Institut d’émission des départements…

Read More »

Article R122-4 of the French Monetary and Financial Code

When withdrawing euro banknotes received from the public from circulation and depositing them with the Banque de France, credit institutions, La Poste, electronic money institutions, payment institutions and service providers that process euro banknotes on their behalf and for their account as professionals, in particular cash-in-transit companies, shall comply with their obligations under Article 6 of Council Regulation (EC) No 1338/2001 of 28 June 2001 laying down measures necessary for…

Read More »

Article R122-5 of the French Monetary and Financial Code

Before issuing euro banknotes received from the public at their counters or through their agents or the persons referred to in Article L. 525-8, credit institutions, La Poste, electronic money institutions, payment institutions and bureaux de change shall check them and withdraw from circulation those which they have sufficient reason to believe to be counterfeit.

Read More »

Article R122-6 of the French Monetary and Financial Code

For the purposes of Article R. 122-5, credit institutions, La Poste, electronic money institutions, payment institutions and bureaux de change shall implement the necessary procedures and resources to enable them to withdraw from circulation, prior to the delivery of any euro banknotes received from the public, any banknotes which they have sufficient reason to believe to be counterfeit. To this end, they draw up internal written rules, the implementation of…

Read More »

Article R122-7 of the French Monetary and Financial Code

When dispensing euro banknotes to the public through self-service machines, credit institutions, La Poste, electronic money institutions and payment institutions shall, subject to the provisions of Article R. 122-8, use banknotes drawn directly from the Banque de France or another central bank belonging to the Eurosystem.

Read More »

Article R122-8 of the French Monetary and Financial Code

Credit institutions and, within the limits of their payment activity or the issuing and management of electronic money, other payment service providers and issuers of electronic money, as well as any economic agent involved in the processing and delivery to the public of banknotes and carrying out some or all of their euro banknote processing operations by supplying an automated teller machine mentioned in Article R. 122-7 with euro banknotes…

Read More »

Article R122-9 of the French Monetary and Financial Code

Cash changers who use self-service exchange machines feed them with euro notes taken directly from a credit institution, La Poste, an electronic money institution or a payment institution. For this purpose, these institutions shall only issue them with euro notes that meet the requirements of Article R. 122-7 or Article R. 122-8.

Read More »

Article R122-10 of the French Monetary and Financial Code

Credit institutions, La Poste, electronic money institutions, payment institutions and bureaux de change shall not issue to the public, at their counters or through their agents or the persons mentioned in Article L. 525-8, any banknotes whose physical condition makes them unfit for circulation. The Banque de France publishes a document specifying the physical characteristics that render banknotes unfit for circulation. These characteristics shall comply with the common standards adopted…

Read More »

Contact a French lawyer now

Contact a French Business Lawyer

Our French business lawyers are here to help.
We offer a FREE evaluation of your case.
Call us at +33 (0) 1 84 88 31 00 or send us an email.

Useful links

You have a question in French Business Law?

Our French business lawyers are here to help.
We offer a FREE evaluation of your case.
Call +33 (0) 1 84 88 31 00 or send us an email.

All information exchanged through this website will be communicated to lawyers registered with a French Bar and will remain confidential.