NBP calls for the universal acceptance of cash payments
Narodowy Bank Polski would like to remind that in accordance with Art. 32 of the Act on Narodowy Bank Polski, currency (banknotes and coins) issued by Narodowy Bank Polski are legal tender on the territory of the Republic of Poland and as a rule should be universally accepted by enterprises in monetary settlements. Departures from this rule should be considered possible provided special legal requirements are met, as well as in such cases as, for example, the conduct of internet-based activity or activity with no direct physical contact with customer, and which due to their character are based solely on non-cash settlement.
However, in the opinion of Narodowy Bank Polski, the uninterrupted functioning of payment and settlement systems in the society requires that business, in particular, retail and service outlets which currently remain open (e.g. food shops and pharmacies) accept banknotes and coins. This issue is of fundamental importance to certain groups of consumers. The refusal to accept banknotes and coins issued by NBP by retail and service outlets in the current situation may mean that people who use only cash, will not be able to meet their basic needs, namely purchase food or medicines. In the assessment of Narodowy Bank Polski, such a situation is legally and socially unacceptable.
The central bank is concerned about actions of certain market entities aimed to illegally discourage entrepreneurs from accepting cash. Such practices should be condemned, since they causes great difficulties for people who do not have a bank account and use only banknotes and coins as a form of payment. It should be noted that cash may also be the only means of payment also for other people in the event of a failure of cashless payment infrastructure.
Therefore, Narodowy Bank Polski calls on all entrepreneurs to observe the law and, while taking appropriate precautions, continue to accept banknotes and coins issued by NBP, which are legal tender on the territory of the Republic of Poland.