Begrüßungsgeld
Sign in to savethumb|Hundreds of East Germans queue outside a post office in Skalitzer Straße, Kreuzberg, West Berlin, to collect their "Welcome money", 11 November 1989. ' (English: "Welcome money'") was, from 1970 until 29 December 1989, a gift from the government of the Federal Republic of Germany (West Germany) to visitors from the German Democratic Republic (GDR - East Germany). This situation originated with the policy of the GDR government restricting the amount of East German Marks (M) that could be exchanged into Deutsche Marks (DM) by GDR citizens when on approved travel to the West. At first, the
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thumb|Hundreds of East Germans queue outside a post office in Skalitzer Straße, Kreuzberg, West Berlin, to collect their "Welcome money", 11 November 1989. ' (English: "Welcome money'") was, from 1970 until 29 December 1989, a gift from the government of the Federal Republic of Germany (West Germany) to visitors from the German Democratic Republic (GDR - East Germany). This situation originated with the policy of the GDR government restricting the amount of East German Marks (M) that could be exchanged into Deutsche Marks (DM) by GDR citizens when on approved travel to the West. At first, the GDR allowed the exchange of 70 M annually into DM, however by 1989, this sum was reduced to 15 M annually, which greatly restricted the ability of GDR citizens to travel to the West, even if they were approved to do so.
Originally, every GDR citizen was entitled to a "welcome money" payment of 30 DM twice annually; by 1988, this had been increased to a one-time payment of 100 DM annually, which was recorded in their travel documents. The state of Bavaria paid an additional 40 DM to visitors from the GDR. After the fall of the Berlin Wall on 9 November 1989, tens of thousands of East Germans queued in front of banks and town halls in West Germany to collect their "welcome money" for the first time.
Excerpted from Wikipedia’s “Begrüßungsgeld” article, available under the CC BY-SA 4.0 licence.