K. Valdemara iela 1B, Riga Address
K. Valdemara iela 1B, Riga
Phone 67022335 or 67022434
Working hours
M, T, W, Th  8.30-17.30
Friday          8.30-16.15

The Cashier's Office of Latvijas Banka provides the following services:

1) exchanges the lats banknotes and coins for euro for natural persons;
2) sells euro collector coins and lats collector coins;
3) replaces damaged or mutilated euro and lats banknotes and coins with euro banknotes and coins;
4) exchanges euro banknotes and coins for other denominations

 

The Cashier's Office of the Liepaja Branch

Address Teatra iela 3, Liepaja
Phone 63480324 or 67022335
Working hours 9.00-15.00 (lunch break 12.00-12.45).
   

 

1. Exchanges of lats for euro

At the Cashier's Office of Latvijas Banka lats banknotes and coins can be exchanged for euro at the set rate of 0,702804.

Upon the respective transaction Latvijas Banka has the right to request the person to present a passport or person's identification card (ID card). Latvijas Banka executes transactions in the amount exceeding 15 000 EUR (10 542 LVL) only on the basis of the above documents.

2. Purchase of euro collector coins and lats collector coins

Collector coins can be purchased at the Cashier's Offices of Latvijas Banka in Riga and Liepāja. Please, contact Latvijas Banka before going to the respective Cashier's Office to make sure that the coin you are interested in is available. Telephone: +371 6702 2335, 6702 2529; fax: +371 6702 2103; e-mail: monetas@bank.lv Collector coin prices at the Cashier's Office of Latvijas Banka

3. Replacing damaged euro and lats banknotes and coins

It is possible to replace damaged or mutilated euro and lats banknotes and coins with euro banknotes and coins at the Cashier's Office of Latvijas Banka free of charge. Latvijas Banka does not replace banknotes and coins of other countries.

Latvijas Banka replaces damaged banknotes subject to the following:

  • security features are discernible
  • the face value can be detected
  • there is no doubt as to their authenticity.

Torn banknotes are replaced where the remaining part of the banknote is larger than 51% of a whole banknote; it can be in one piece, or several parts of it can be glued together; there must be no doubt that the separate parts belong to the same banknote.

Should any banknote fail to meet the above requirements, the Bank shall mark it "Replacement refused" and, upon request of the customer, return it to him/her (with the exception of counterfeit banknotes).

Damaged coins are replaced subject to the following:

  • the inscription of the coin's face value is discernible
  • the coat of arms can be detected
  • there is no doubt as to their authenticity.

Should any doubt arise regarding the authenticity of the banknote or coin submitted for replacement or where the size of the remaining part of a torn banknote cannot be detected, or should there be any other cause for doubt, e.g. the banknote has been burnt, bleached, washed, or any security feature is missing, the banknote is accepted for an experts' opinion on the basis of the customer's application, and the banknote experts' commission of Latvijas Banka is to decide on its replacement. A reply is issued within a fortnight.

Latvijas Banka neither replaces nor reimburses any losses incurred on account of counterfeit banknotes and coins and does not return counterfeits to the customer but transfers them to the police.

Upon the replacement of damaged euro and lats banknotes and coins, Latvijas Banka has the right to request the person to present a passport or person's identification card (ID card).

4. Exchanges of euro banknotes and coins for other denominations

At the Cashier's Office of Latvijas Banka euro banknotes or circulation coins can be exchanged for euro banknotes or coins that have not been in circulation, accepting no more than 1000 coins at a time from one customer once a day.

The following amounts are exchanged and issued at a time:

  • 250 coins that have not been in circulation – free of charge,
  • more than 250 coins, only in rolls or starter kits – for a fee of 0.12 euro (VAT inclusive) per roll or starter kit to cover operating costs,
  • euro banknotes can be exchanged for others of different denominations free of charge

Where the amount exchanged at a time exceeds 1000 euro or 500 coins of one denomination, please, contact the Coin Division by e-mail: monetas@bank.lv or telephone +371 67022335, 67022534 three days in advance.

5. Suspicious banknotes and coins accepted for examination

A central currency authentication centre was opened in Latvijas Banka on 1 July 2016. Latvijas Banka currency laboratory specialists:
  • check the authenticity of all suspect counterfeit euro and other currency banknotes and coins;
  • provide an conclusion concerning any identified counterfeits.

All identified counterfeits are reported to the State Police for further investigation. The authenticity check is completed and a conclusion is provided to the requester within a period of one month (usually, within a much shorter period).

IMPORTANT – banknotes and coins can be submitted for examination at both Latvijas Banka Cashier's Offices in Riga and Liepāja as well as, at the moment, also at the nearest police precinct. Banknotes and coins submitted to the police are delivered to Latvijas Banka. Confirmed counterfeits are returned to the police and are not returned to the requester of authentication. Latvijas Banka does not exchange counterfeits for authentic banknotes and coins and does not compensate any losses incurred due to counterfeits.

When executing the respective transaction, Latvijas Banka may request to present the passport or ID card.