Bank of Korea stops handling overseas cash as coronavirus spreads

Central bank says it will not accept cash from abroad until further notice

Virus

The Bank of Korea announced it will no longer be accepting banknotes and coins from overseas, in an attempt to prevent the spread of the coronavirus.

In a notice on its website, the central bank said it would no longer be accepting cash “introduced from abroad” until further notice. The central bank has also closed its currency museum as a precaution.

It is unclear if the Bank of Korea has plans to treat or replace banknotes and coins that may be carrying the virus.  

The People’s Bank of

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@centralbanking.com or view our subscription options here: http://subscriptions.centralbanking.com/subscribe

You are currently unable to copy this content. Please contact info@centralbanking.com to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Central Banking? View our subscription options

Register for Central Banking

All fields are mandatory unless otherwise highlighted

This address will be used to create your account

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account

.