Europe

The Eurozone's most popular denomination, the €50, has been unveiled on July 5th and will be released on April 4th, 2017.

Bank of England advises banks to fill-up ATMs.

In spite of international pressure, the Swiss National Bank will retain its current denomination mix which includes the CHF 1,000 note, which is one of the highest value notes in the world and the CHF 5 coin, also one of the highest value coins in circulation.

German fintech closes bank accounts because customers withdraw cash from ATMs too often.

Mark Carney unveiled the design of The New Fiver which will be issued on 13 September 2016.

The former President of the SNB states that "The decision to stop issuing high-denomination banknotes will receive the blessing of well-meaning souls but it will fail to meet its objective of fighting efficiently against criminality and will have negative side effects."

The EU Commission should set up a taskforce to monitor virtual currencies, like Bitcoin, to prevent their being used to launder money or finance terrorism, said Parliament in a non-binding resolution voted on Thursday.

Two global Cash Management Companies are planning to offer cash-handling services for customers of different banks from a single location.

Britons withdrew £27 million more this year on May Day Friday compared to the same day last year proving that cash has an important role to play in the future of payments in the UK.

Portugal has the highest amount of ATMs per capita in the EU and 70% of everyday transactions are carried out in notes and coins.

They carry the same name but opposing passions - the Björns of Sweden that fight for cash or, conversely, cashless.

On May 5, the ECB decided to discontinue the production and issuance of the €500 banknote, after. a series of criticisms targeting the €500 and high-denomination notes more generally. The same critics are pursuing their claims and are now calling for the further elimination of high-denomination notes. Unfortunately, they are forgetting three things.