New bill in circulation as of today - Morgenweb

money: ECB’s revised 5-euro banknote out

From our colleague Mandy Kunstmann

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class=”department”> frankfurt. The new 5-euro notes are there. As of today, bring banks and other financial institutions, the fresh paper money in circulation – as a first step the introduction of euro banknotes second series. Because he is one of the certificates, use the public very often, the makers have provided him with a special protective layer. Which is to ensure that he does not quickly lose its shape. Moreover, in the five as in all notes of the new Euro Series as a watermark and hologram as a portrait of Europe to see.

With the introduction of the Euro series aims to make the European Central Bank (ECB), the euro banknotes still unforgeable. The new bills include enhanced security features to make it even more difficult to bring counterfeiting, “flowers” in the circulation (see chart). By autumn 2013, the new 5-euro notes are likely to be more common in the euro area than those of the first series. Parallel to the new five will remain valid for some time as a means of payment and the old note. The date on which the first euro banknote series ceasing to be legal tender, the European Central Bank is widely known in advance. Its value will keep the euro banknotes of the first series but forever. Indefinite citizens can exchange them at the National Central Banks.

disappears from the 500?

From now on, Europe introduced the series throughout the euro area in ascending order. The date for the launch of the next new certificate, the tithes, however, is not yet clear. So far, denied the European Central Bank, Europe’s largest bank note – to abolish – the 500. Now, you might think about it but apparently to draw the violet light from the traffic. “It is something that people usually make no use,” ECB Vice President Vitor Constancio had recently said.