Every kopek from 1547 to 2024

Cut-off check 1 Kopeck 1964.
Bank for Foreign Trade of the USSR. Series A.

Cut-off check 1 Kopeck 1964. Bank for Foreign Trade of the USSR. Series A
Bank for Foreign Trade of the USSR. Series A.
теги: [отрезной чек]

From the early 1960s, the USSR began to develop active cooperation with socialist and developing countries. Thousands of Soviet specialists were sent abroad for work. The government faced the question of how to “protect” them from foreign currency.

A practical need arose to create a system in which citizens would not receive foreign currency in their hands and would spend the funds earned in foreign currency at home.

The most important parts of the new system were the USSR Bank for Foreign Trade (Vneshtorgbank of the USSR) and the all-Union association Vnesposyltorg. In the former, citizens were required to keep foreign currency in the form of “foreign-currency rubles,” and to spend it through the network of Vnesposyltorg stores and firms.

It is important to note that, unlike other socialist countries, “substitutes” for foreign currency in the USSR were issued not for foreigners, but for its own citizens.

A detachable Series A check—for seamen of Vnesheconombank (Vneshtorgbank) of the USSR—was a monetary obligation of Vnesheconombank (Vneshtorgbank) of the USSR to pay the amount specified on the check. The checks were bound into checkbooks of the corresponding denomination. Detachable checks could be exchanged for goods in port cities of the USSR in stores of the "Albatros" system of the "Torgmortrans" organization. All checks were printed by GOZNAK.

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