economy
February 22, 2026
DO TRADERS HAVE THE RIGHT TO REFUSE PAYMENT WITH A LARGE NUMBER OF COINS: The answer will surprise you
Paying with a large number of coins can cause congestion at checkouts and slow down store operations, but a bigger problem arises when small denominations are withdrawn from circulation.
TL;DR
- Traders must accept payment with coins, even in large quantities.
- Refusal to accept coin payments is a violation of consumer rights.
- Consumers can report refusals to the National Bank of Serbia or inspection bodies.
- Hoarding small change leads to shortages and increased minting costs.
- Production costs for small denomination coins can exceed their face value.
- Traders cannot independently determine the validity of banknotes; only the National Bank of Serbia can.
- Using small change regularly is encouraged to maintain its circulation.
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