New Swiss bank notes delayed to 2012
Zurich, Switzerland (GenevaLunch) – New bank notes for Switzerland will not come out until 2012, instead of autumn 2010, as originally planned. Security features to be added will require additional development and testing time, says the Swiss National Bank (SNB). The high level of security for the current bank notes means there is no urgency, it argues. Switzerland will keep the colours and denominations of the notes currently in circulation, but the new ones will be slightly smaller.
Links: SNB security features on Swiss bank notes, design details of Swiss bank notes, contest new bank note designs by Manuela Pfrunder, who was awarded the job (note: the new notes will not look like these)
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News story, GenevaLunch, 17 February 2010.
Filed under: Business
Tags: delay, issue date, new, Politics, security, size, smaller, Swiss bank notes, Swiss National Bank