According to the recommendations of the World Health Organization, the use of cash in making payments can be one of the channels leading to the spread of coronavirus. It is reported that the life span of the virus on paper can be up to 3-4 days.
Based on this, the disinfection of banknotes is carried out periodically (1-2 times a week) in cash counting offices of the CB territorial departments as well as in commercial banks by the regional sanitary and epidemiological institutions, the Central Bank reported.
In addition, all banking institutions are recommended:
- to keep the cash received at the bank cash desks in separate storage (on the premises or on racks) for at least one week;
- to pay attention to the date stamped on the overlay of the money package when issuing it to customers.
If there is a need for additional cash during the period of their storage in quarantine, cash is delivered by the territorial departments of the Central Bank.
However, there is a high probability that individual banknotes, once received from a bank and for a long period of time held by the population and entrepreneurs in circulation, in some cases, can be returned to banks.
Currently, in some retail outlets, there are opportunities for online shopping and cashless payments through mobile applications.
Based on these, it is recommended that in the quarantine period the population and business entities should:
- limit payments and cash payments;
- widely use non-cash payments (including contactless payment cards), as well as process and disinfect bank cards after use with medical alcohol or other antiseptic agents;
- maximally use remote banking services, including Internet banking, mobile applications and applications of payment organizations when making payments.