Regulatory Alerts2025-10-15
Circular Letter No. CC/2025/00000020
Bank of Portugal issued Circular Letter No. CC/2025/00000020 to communicate the withdrawal from circulation of the first series of euro banknotes. The document mandates that national central banks request professionals handling cash to cease the recirculation of all denominations from this series. This directive applies to credit institutions, payment institutions, and financial companies to ensure the orderly removal of the specified banknote series.
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