# Foreign notes and coins

- Canonical URL: https://www.gerhardmerk.de/foreign-notes-and-coins-2
- Post ID: 589623
- Modified: 2023-07-25T21:01:11+00:00
- Language: en

## Definition

A term commonly used in banking for foreign cash (banknotes and coins). - In Germany, anyone who trades in foreign notes and coins on a commercial basis requires a license pursuant to Section 32 of the German Banking Act (KWG). Furthermore, such service providers are subject to supervision by the German Federal Financial Supervisory Authority (Bundesanstalt für Finanzdienstleistungsaufsicht). - See Münzkommis, Rechenknecht, Wechselstube. Attention: The financial encyclopedia is protected by copyright and may only be used for private purposes without express consent! University Professor Dr. Gerhard Merk, Dipl.rer.pol., Dipl.rer.oec. Professor Dr. Eckehard Krah, Dipl.rer.pol. E-mail address: info@ekrah.com https://de.wikipedia.org/wiki/Gerhard_Ernst_Merk https://www.jung-stilling-gesellschaft.de/merk/ https://www.gerhardmerk.de/

## Machine-readable

- Generator: Merk Knowledge 1.1.1