No, it's not a complete disappearance, but a targeted measure: the Bank of Spain has announced that it will withdraw damaged 50 euro notes from circulation, particularly those stained by security devices integrated into ATMs or cash-in-transit cases.
Stained notes = suspect notes
This initiative aims above all to combat the circulation of potentially stolen notes. During an attempted theft, some ATMs or cash-in-transit cases inject indelible ink into the notes to mark them. These clearly visible stains are a clear signal to the authorities: the note may have been stolen. It is precisely this type of note that the Spanish authorities now refuse to recognize as valid.
"Notes stained with security ink are not accepted as payment, as they are presumed stolen," the Bank of Spain recalled. However, holders of such notes can present them at a branch of the Central Bank, possibly accompanied by proof of their legitimate origin.
A widespread false alarm
The news, relayed on certain websites and social networks with alarming titles, has sown doubt: will all 50 euro notes disappear? The answer is no. The orange note with the image of Europa, a figure from Greek mythology, remains perfectly valid as long as it is in good condition. No changes are planned for on a European scale.
And in France? Nothing new, but vigilance required
In France too, banknotes stained with security ink are regularly refused, as they are considered stolen. If an individual finds themselves in possession of a marked banknote, they can go to a branch of the Banque de France to request an exchange. But be careful: the exchange is not guaranteed, especially if the origin of the note is doubtful or if the marking is characteristic of an anti-theft device.
The official website of the Banque de France specifies that "if a note shows traces of security ink, it must be presented for expert assessment. In case of doubt about the origin, an investigation may be opened.»
A useful reminder for vacationers and merchants
The Spanish decision is also a useful reminder for travelers who are preparing to use cash on vacation: it is best to check the condition of their banknotes before leaving. Merchants are also urged to be extra vigilant.
Finally, this measure once again demonstrates the central banks' desire to further secure the circulation of cash, at a time when electronic payments continue to gain ground.
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