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This is new for the 20 euro note - what consumers should know

2021-01-09T17:56:03.213Z


Anyone who gets their hands on a 20 euro note this year might be astonished for a moment. From now on, it will be different by default for the banknote.


Anyone who gets their hands on a 20 euro note this year might be astonished for a moment.

From now on, it will be different by default for the banknote.

As of this year,

there will be

a small change

in the

20-euro note *

that will be noticeable: The banknotes will then feel

smoother

because the

twenties are

now also

coated

with a

special

paint as

standard

to make the banknotes more durable.

This was reported by the German Press Agency (dpa) on Sunday (December 27, 2020).

"From 2021

only coated 20-euro banknotes will be

produced, so that uncoated 20-euro banknotes will gradually disappear from the cash cycle," said Bundesbank board member Johannes Beermann in Frankfurt, according to dpa.

+

The 20-euro note will also be painted as standard in the future.

© Julian Stratenschulte / dpa (archive image)

Also read

: Found 20 euros on the street?

Attention!

That's why you shouldn't keep the money

The idea is not new: Even the

five

and the

tenth of

the

second series of euro banknotes, which

have

gradually been in circulation since 2013,

are

coated with a special coating

, as reported by the dpa

.

Because it is precisely the bills with a lower value that would often change hands and could become soiled or damaged more quickly and thus become unusable.

In future, the 20-euro note will be painted as standard

According to the Bundesbank, some of the Eurosystem's central banks began, as the report also states, in summer 2020 to put

painted twenties into circulation

on

a trial basis

.

On behalf of the

Bundesbank

, however, twenties with paintwork would be produced for the first time in 2021 and put into circulation in the course of the year.

So it could be a while before

consumers in Germany

actually hold

such a

varnished 20 euro banknote

in their hands.

Also read:

This euro note is worthless: Nevertheless, it is more lucrative than ever

Euro notes: Reference to the painting of 20 Euro notes

The

reference of the monetary authorities

to the new paintwork is, as the report goes on, important for consumers because criminals often bring the twenties to the people as a fake.

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Practical: a wallet with a large coin compartment

Still looking for a present?

Then a classic wallet with a large coin compartment (promotional link) and still enough space for cards and notes that fits in any trouser pocket is well suited.

Compact tax return: amendments, deadlines and submit retrospectively

Compact tax return: amendments, deadlines and submit retrospectively

This article contains affiliate links.

List of rubric lists: © Julian Stratenschulte / dpa

Source: merkur

All life articles on 2021-01-09

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