INSTRUCTION OF CENTRAL BANK OF THE RUSSIAN FEDERATION

of June 21, 2013 No. 3020-U

About procedure for transfer of commemorative and investment coins by the Bank of Russia from precious metals to the Russian credit institutions and the organization making banknotes and coin of the Bank of Russia

The Bank of Russia according to the Federal Law of July 10, 2002 No. 86-FZ "About the Central bank the Russian Federation (Bank of Russia)" (The Russian Federation Code, 2002, No. 28, Art. 2790; 2003, No. 2, Art. 157; No. 52, Art. 5032; 2004, No. 27, Art. 2711; No. 31, Art. 3233; 2005, No. 25, Art. 2426; No. 30, Art. 3101; 2006, No. 19, Art. 2061; No. 25, Art. 2648; 2007, No. 1, Art. 9, Art. 10; No. 10, Art. 1151; No. 18, Art. 2117; 2008, No. 42, Art. 4696, Art. 4699; No. 44, Art. 4982; No. 52, Art. 6229, Art. 6231; 2009, No. 1, Art. 25; No. 29, Art. 3629; No. 48, Art. 5731; 2010, No. 45, Art. 5756; 2011, No. 7, Art. 907; No. 27, Art. 3873; No. 43, Art. 5973; No. 48, Art. 6728; 2012, No. 50, Art. 6954; No. 53, Art. 7591, Art. 7607; 2013, No. 11, Art. 1076; No. 14, Art. 1649; No. 19, of the Art. 2329) establishes the following procedure for transfer of commemorative and investment coins from the precious metals which are legal means of cash payment in the territory of the Russian Federation, to the Russian credit institutions and the organization making banknotes and coin of the Bank of Russia.

1. The commemorative and investment coins from precious metals which are legal means of cash payment in the territory of the Russian Federation in connection with use of difficult expensive technologies of stamping and decorating, and also use for their production of precious metals can address both as means of cash payment at par value, and as objects of collecting, investment and hoarding of the prices different from their nominal value.

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