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Croatian ATMs Finally to Start Giving Out 50 and 100 Euro Notes

Croatian ATMs Finally to Start Giving Out 50 and 100 Euro Notes
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March 31, 2023 - Since Croatia joined the eurozone and the euro became the official currency, Croatian ATMs would only give out 10- and 20-euro notes. That is about to change this Saturday, and it will be possible to withdraw 50- and 100-euro notes.

After a few months since the introduction of the euro in Croatia, new banknotes will be available at Croatian ATMs from Saturday in the denominations of 50 and 100 euros. So far, in most cases, notes of 10 and 20 would be paid out, write RTL / 24Sata.

The denominations in which money will be issued depends primarily on the model of the ATM.

"If there are two cassettes, they are usually filled with two denominations. Then, for example, we have 20 and 50 euros, and then the algorithm determines how many fifty and how many twenties will be given, depending on the amount to be withdrawn," says Tihomir Mavricek, Executive Director of the Sector for cash from the CNB.

In other words, the number of cassettes dictates the number of different denominations. And how many banknotes can fit? Depending on the denominations, around 600.

"If it's a smaller model, there are fewer cassettes. The amount of 10 and 20 euros that was inserted was emptied very quickly, and that is why there is a need to increase the value in ATMs, and that is why banknotes of 50 and 100 euros are inserted," says Lidija Stolica, president of the Croatian Guild of Security Guards.

In addition to the fact that Croatian ATMs are adapted to the euro, stronger protection is provided.

"Colour is spilled over the banknotes, which is not washable, it is recognizable in any use, and such a banknote cannot be used for payment on any payment devices," explains Stolica.

More than 4,000 Croatian ATMs are currently operating, and in a month, their number will increase by at least one and a half thousand, primarily for the upcoming tourist season.

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