Wednesday , May 5 2021
Home / le News / Old Swiss money no longer valid from Friday

Old Swiss money no longer valid from Friday

Summary:
From Friday 30 April 2021, old Swiss bank notes will no longer be legal tender. This means they can no longer be used as a valid means of payment. © Jean-michel Feinen | Dreamstime.comThe notes affected are old 10, 20, 50, 100, 200 and 1,000 Swiss franc notes. From 30 April 2021, the only places that will accept these notes are Swiss Rail and Swiss Post, who will accept them until 30 October 2021. After 30 October 2021, the only places that will accept these notes are the cash desks at the Swiss National Bank (SNB) in Bern and Zurich, which will always exchange old notes for new. 13 bank branches operate cash desks on behalf of the SNB in other cities and towns – click here to see a list (page 3). The old notes are the eighth series of Swiss money.  The SNB started issuing the

Topics:
Investec considers the following as important: , ,

This could be interesting, too:

Investec writes Covid: 13,465 new cases in Switzerland this week

Investec writes Renters charged fees to view apartments in Geneva

Investec writes Real Swiss salaries up most in 5 years

Investec writes Covid: the 3 phases of Switzerland’s return to normal

From Friday 30 April 2021, old Swiss bank notes will no longer be legal tender. This means they can no longer be used as a valid means of payment.

© Jean-michel Feinen | Dreamstime.com

The notes affected are old 10, 20, 50, 100, 200 and 1,000 Swiss franc notes.

From 30 April 2021, the only places that will accept these notes are Swiss Rail and Swiss Post, who will accept them until 30 October 2021.

After 30 October 2021, the only places that will accept these notes are the cash desks at the Swiss National Bank (SNB) in Bern and Zurich, which will always exchange old notes for new. 13 bank branches operate cash desks on behalf of the SNB in other cities and towns – click here to see a list (page 3).

The old notes are the eighth series of Swiss money.  The SNB started issuing the latest ninth series of Swiss banknotes in April 2016, starting with the 50 franc note.

The first series of banknotes was issued in 1907, withdrawn in 1925 and became worthless in 1945.

More on this:
SNB press release (in French) – Take a 5 minute French test now

Old Swiss money no longer valid from Friday

For more stories like this on Switzerland follow us on Facebook and Twitter.

About Investec
Investec
Investec is a distinctive Specialist Bank and Asset Manager. We provide a diverse range of financial products and services to our niche client base.

Leave a Reply

Your email address will not be published. Required fields are marked *