Examples of using Sub-frontloading in English and their translations into Hungarian
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And( iii) sub-frontloading.
Sub-frontloading of coins.
Chapter iv sub-frontloading.
Sub-frontloading of banknotes.
Frontloading Sub-frontloading.
Sub-frontloading» of coins to companies.
Frontloading and sub-frontloading.
Sub-frontloading» of coins to companies.
Some of this cash was passed onto retailers and other companies(" sub-frontloading").
Sub-frontloading» of banknotes to companies.
Opinion on a legal basis for the euro cash changeover and frontloading and sub-frontloading( CON/ 2006/43).
The sub-frontloading of euro banknotes will start on 1 December.
Several plans provide for early and substantial frontloading3 and sub-frontloading, while the withdrawal of legacy cash is generally neglected.
The sub-frontloading of sales outlets with notes and coins began in September in a number of countries.
In order to encourage sales outlets to participate in sub-frontloading, financially attractive deferred debiting conditions should be offered to them.
The sub-frontloading of commercial banks' major clients with coins should start in September while smaller cash users will only be supplied as of December 2010.
According to the NBS and the commercial banks, the new Guidelines came too late tobe used in Slovakia since a large number of sub-frontloading contracts were already concluded by May 2008.
The frontloading of banks and sub-frontloading of businesses and citizens in Estonia was well prepared and organised.
Banks have agreed in the Memorandum of Understanding to limit the number of high denomination banknotes in litas towards the end of 2014 and to ensure that businessesreceive smaller denomination euro banknotes during the sub-frontloading.
The framework for the sub-frontloading of commercial banks' customers with euro coins is in place, but no movements had yet been reported by the banks at the beginning of October.
Estonia andSlovakia have already adopted specific arrangements for the frontloading of banks and the sub-frontloading of retailers and other businesses, usually several months before€-day.
The sub-frontloading also included 86 000 retailer kits4 with euro coins that were prepared by the main CIT-company and distributed to professional clients, either directly or via the banks.
In a next step, commercial banks have to ensure that enterprises involved in cash-relatedoperations, and retailers in particular, receive euro cash before€-day(sub-frontloading) and are able to give change in euro only as from the changeover date.
The sub-frontloading(i.e. the supply of euro cash by credit institutions to businesses and citizens in advance of the changeover) of euro coins started on 15 September and of euro banknotes on 1 December.
The update of the national changeover plan is quite comprehensive but still short of detail in some respects and several important elements need tobe further defined(e.g. details of frontloading and sub-frontloading, the withdrawal of koruna cash, details of the communication strategy).
( e)« sub-frontloading» means the delivery of frontloaded euro banknotes and coins by an eligible counterparty to professional third parties in the territory of a future participating Member State during the frontloading/ sub-frontloading period.
As demonstrated by the cash changeover in the current euro-area countries, a swift introduction of euro cash willneed to be based on extensive frontloading and sub-frontloading, the immediate changeover of all ATMs, the giving of change by retailers exclusively in euro and the possibility for customers and non-customers of banks to exchange legacy currency into euro at no cost.
Frontloading/ sub-frontloading period» means the period during which frontloading and sub-frontloading take place, which shall commence no sooner than four months prior to the cash changeover date and end at 00.00( local time) on the cash changeover date;
Frontloading of euro banknotes and coins to eligible counterparties, and sub-frontloading to professional third parties, would contribute to a smooth cash changeover, alleviate the logistical burden of adopting the euro and contribute to reducing the costs associated with dual currency circulation.
Before any sub-frontloading may start, the eligible counterparty and the professional third parties shall conclude contractual arrangements that cover at least the following:( a) Sub-frontloading shall take place at the full risk and responsibility of the professional third party and subject to any conditions agreed in accordance with this Guideline.