Friday , May 29 2020
Home / SNB & CHF / Announcement regarding recall of banknotes from eighth series

Announcement regarding recall of banknotes from eighth series

Summary:
The issuance of the ninth banknote series was concluded on 12 September 2019. The Swiss National Bank intends to communicate the statutory recall of the banknotes from the eighth series two months in advance in the first half of 2021. Notes from the eighth series will remain legal tender until they are recalled and may continue to be used or exchanged without restriction. After their recall by the SNB, the banknotes lose their status as legal tender. They can, however, be exchanged at the SNB counters in Berne and Zurich or at an SNB agency for an unlimited period of time. Further information is available on the SNB website. Download PDF You Might Also Like SNB COVID-19 refinancing facility expanded to

Topics:
Swiss National Bank considers the following as important: , , ,

This could be interesting, too:

Marc Chandler writes FX Daily, May 27: China and Hong Kong Pressures are Having Limited Knock-on Effects

Charles Hugh Smith writes Re-Opening the Economy Won’t Fix What’s Broken

Investec writes Swisscom network experiencing problems

Swissinfo writes Tourism industry told to adapt to new travel habits

Announcement regarding recall of banknotes from eighth seriesThe issuance of the ninth banknote series was concluded on 12 September 2019. The Swiss National Bank intends to communicate the statutory recall of the banknotes from the eighth series two months in advance in the first half of 2021.

Notes from the eighth series will remain legal tender until they are recalled and may continue to be used or exchanged without restriction.

After their recall by the SNB, the banknotes lose their status as legal tender. They can, however, be exchanged at the SNB counters in Berne and Zurich or at an SNB agency for an unlimited period of time.

Further information is available on the SNB website.

Download PDF


Tags: ,
Swiss National Bank
The Swiss National Bank conducts the country’s monetary policy as an independent central bank. It is obliged by the Constitution and by statute to act in accordance with the interests of the country as a whole. Its primary goal is to ensure price stability, while taking due account of economic developments. In so doing, it creates an appropriate environment for economic growth.

Leave a Reply

Your email address will not be published.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