Spectator on facebook

Spectator on facebook

New €20 banknotes now in circulation

NEW €20 banknotes, with better security features, have been released into circulation.

(Source: AP/TASR)

The old €20 notes currently in circulation are still valid and the National Bank of Slovakia (NBS) will withdraw them gradually.

“A total of 4.3 billion of these notes have been printed for the needs of cash volume at seven different printing locations within the eurozone,” NBS informed, as quoted by the TASR newswire. “NBS, as well as other central banks in the eurozone and the European Central Bank, provided information in advance for the general public, banks, financial institutions, companies, entrepreneurs and also schools and other organisations.”

In the main, banks and companies that manage cash machines had to prepare for the depositing the new €20 notes. NBS began its preparations approximately nine months ago, by presenting the new parameters and security features of the banknote to representatives of banks and also to police and other institutions.

The new euro banknotes, from design series Europa are being introduced into circulation over several years, and follow the new €5 note which was introduced in 2013 and the €10 note in 2014. The notes from the first issue series will remain valid until further notice and in the case that they cease to be legal tender, they will be replaced by all national central banks of the eurosystem without any time limit, TASR wrote.

The processing of personal data is subject to our Privacy Policy and the Cookie Policy. Before submitting your e-mail address, please make sure to acquaint yourself with these documents.

Topic: European Union


Top stories

Weather warnings against heat and storms issued

Slovakia will be hit by a significant temperature drop during the weekend, and snow is expected at some places.

Illustrative stock photo

NAKA detains businessman Kočner

The shady businessman featured in several scandals was detained June 20 in connection to questionable promissory notes and tax-related crimes.

Marián Kočner

Coronations return to Bratislava Photo

This year Bratislava will recall the coronation of Leopold II, the younger son of Maria Theresa.

Bratislava will again enjoy re-enactment of coronation ceremony

Last Week in Slovakia: Farmers staged a protest by driving across the country Audio

Listen to all the headlines from The Slovak Spectator's news podcast.

Farmers also met President Andrej Kiska in Bratislava