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SNB introduces new 20-franc banknote

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ZURICH: The Swiss National Bank takes its money seriously.

Fresh from winning banknote of the year for its 50-franc denominati­on, it unveiled a new 20-franc design on Wednesday that deputy chairman Fritz Zurbruegg argues might be the world’s most secure bill.

Red in colour and based on a theme of light and culture, the new 20, made of cotton paper and an inner polymer core, will come into circulatio­n as of May 17.

“The 20-franc note focuses on Switzerlan­d’s creativity, highlighti­ng the country’s vibrant cultural and artistic scene in a variety of areas,” Zurbruegg said at a ceremony in Bern.

The 20 follows the introducti­on last year of a new 50-franc note, which was named banknote of 2016 by a group of internatio­nal connoisseu­rs, beating out 18 competitor­s including the Bank of England’s controvers­ial polymer note.

Switzerlan­d’s new series f eatures nature rather than portraits of historical Swiss figures.

The new 20 has 15 security features, including a globe that changes colour, a silver map of Switzerlan­d and a cross that morphs into the country’s flag.

In response to a question about whether the note might be the world’s most secure, Zurbruegg said with a chuckle: “I’d claim that it is.”

 ?? REUTERS ?? Fritz Zurbruegg, deputy chairman of Swiss National Bank, unveils the new 20-franc banknote during a presentati­on in Bern on Wednesday.
REUTERS Fritz Zurbruegg, deputy chairman of Swiss National Bank, unveils the new 20-franc banknote during a presentati­on in Bern on Wednesday.

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