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Authorisation of money reproduction

Print

If the envisaged money reproduction does not satisfy the requirements applicable to reproductions not requiring the MNB’s authorisation, the authorisation of the MNB – issued in its capacity of public authority – must be applied for the manufacturing thereof. As of 1 November 2014, reproduction of the commemorative coins issued by the MNB may only be manufactured from metal base material based on the MNB’s authorisation, irrespective of the graphic representation and the technical parameters thereof.

The application for authorisation must be submitted by the user of the reproduction (the person ordering the production, or if the reproduction is used by its actual manufacturer, then the manufacturer thereof) based on the application form specified in Annex to MNB Decree 2/2010. (I. 28.) in the case of banknote reproductions and in Annex 2 to MNB Decree 36/2014. (IX. 25) in the case of coin reproductions.

Process of authorising the money reproduction

The authorisation to produce or order the production of money reproductions is performed by MNB in the framework of administrative procedure.

The rights of the public authority are exercised by the Governor of MNB or, within delegated powers, by the organisational unit conducting the administrative procedure: MNB Cash Logistics Directorate.

Jurisdiction: national

Fee for the administrative procedure:the authorisation procedure is free of charge.

Instrument triggering the procedure: application

Method of submitting the application: by post

Magyar Nemzeti Bank

Készpénzlogisztikai igazgatóság

1850 Budapest

Deadline of administration: 22 working days, which, in justified cases, may be prolonged on one occasion before the expiry of the deadline by 22 working days.

Enquiries related to reproduction may be submitted to the following e-mail address: utanzat@mnb.hu