Recall of banknotes from eighth series
The Swiss National Bank recalled its eighth-series banknotes as of 30 April 2021.
While the banknotes from the eighth series have lost their status as legal tender, following the amendment to art. 9, para. 3 of the Federal Act on Currency and Payment Instruments (CPIA) which came into force on 1 January 2020, they can be exchanged at the SNB for an unlimited period at their full nominal value.
Banknotes from the eighth series still held by the general public or economic agents, as well as banknotes accepted by the latter, can thus be exchanged at any time and for an unlimited period at the SNB cashier's office in Berne and Zurich or at an SNB agency at their full nominal value. It is important to note that some agencies apply exchange limits.
Many places also accept banknotes from the eighth series for payments into one's own bank or post office account. Financial institutions must exercise the duty of due diligence in connection with combating money laundering and terrorism financing.
This unlimited exchange period also applies to banknotes from the sixth series. Further information is available in the Instruction sheet for exchanging recalled banknotes. Information on each of the banknote series - in particular their design - can be found here.
