When people returned to the bank to have their credit notes honoured, the bank did not have enough metal reserved to fulfil all these requests and from October onwards the bank was increasing obliged to refuse with operations ceasing entirely in 1664. The government and "Riksdag" (Swedish "Parliament") were forced to take over, reducing the outstanding loans and exchanging the notes for coins. The liquidation of the bank was completed in 1667 and Palmstruch was imprisoned, blamed with the bank's losses.