Sub-frontloading is a process which allows business entities to buy the euro cash for their business operation needs after 1 January 2023. 

 

Depending on the size and type of a business entity, there are three types of sub-frontloading for professional groups: 

STARTER EURO COIN RETAILER KITS 

If you have no need for banknotes, you will be able to acquire the necessary coins by buying pre-packed starter retailer kits. 

The retailer kits contain 525 euro coins in total value of 145 euros and 50 cents. The retailer kit price will be 1096.27 kuna, which is the value of the coins recalculated at the fixed conversion rate. 

Starter euro coin retailer kits will be available from December 01 until December 31, 2022.  

SIMPLIFIED INDIRECT SUB-FRONTLOADING 

This type of sub-frontloading is provided to micro businesses, for which you qualify if you employ less than ten people, your annual income and/or total assets do not exceed 15 million kuna, and you hold an account at our bank. 

Simplified indirect sub-frontloading can provide you with an amount of up to 10,000 euros. Larger amounts or an earlier cash takeover date are handled through the Indirect sub-frontloading process. 

You yourself define the denominations in which you wish to withdraw the desired amount, and you can order both banknotes and coins.  

It is not necessary to make an order or book an appointment – just come to any of our branches between 27/12/2022 and 31/12/2022. 

At takeover of euros, the business entity's representative will sign the Statement of Simplified Indirect Sub-frontloading to Micro Business Entity. 

INDIRECT SUB-FRONTLOADING

This type of sub-frontloading covers all business entities which hold a transaction account at our bank, and which are not micro business entities or are micro businesses that require more than 10,000 euros or an earlier cash takeover date.  

The business entity's representative will come to the Bank branch to sign the Agreement on Indirect Sub-frontloading of Euro Banknotes and Coins. The Specification – denomination structure of ordered euro cash for all their locations – will be enclosed to the agreement. 

Euros will be available for takeover at: 

• the Bank's branches performing cash operations  in the period from 02/11/2022 until 31/12/2022. – list of branches is at the link: https://www.rba.hr/lokacije-poslovnice-bankomati 

• the FINA branches (if you have contracted payment services at the FINA branches) in the period from 02/11/2022 until 23/12/2022. 

• through the FINA GS (if you have contracted the tripartite agreement on valuable shipment handling)

Starter euro coin retailer kits contain a specified quantity of various denominations of euro coins with the national side of the Republic of Croatia in a pre-defined value. 

The retailer kits contain 525 euro coins in total value of 145 euros and 50 cents. The retailer kit price will be 1096.27 kuna, which is the value of the coins recalculated at the fixed conversion rate. 

Starter euro coin retailer kits will be available from December 01 until December 31, 2022.  

There are two types of kits: 

• Kits for business entities contain 525 euro coins of all denominations, in total value of 145.50 euro.

• Kits for private individuals contain 33 euro coins of all denominations, in total value of 13.28 euro.

According to the client's wish, all types of sub-frontloading will be facilitated at the FINA branches and at all RBA branches.

The FINA GS will transport only for the locations for which the service is contracted.