2026-05-15

Circular Letter No. CC/2026/00000016

Banco de Portugal issued Circular Letter No. CC/2026/00000016 to communicate the admissibility of reprocessing banknotes suspected of being counterfeit. The directive applies to credit institutions, payment institutions, and financial companies headquartered in Portugal. It establishes the regulatory framework for the handling and recirculation of potentially fraudulent euro currency.

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Banco de Portugal

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Circular Letter No. CC/2026/00000016

Summary Communicates the admissibility of reprocessing banknotes suspected of being counterfeit.

Status In force

Official Journal 5/2026

Publication Date 15-05-2026

Issue Date 14-05-2026

Recipient Type Credit institutions headquartered in Portugal, Payment institutions and equivalent entities headquartered in Portugal, Financial companies headquartered in Portugal

Descriptors Banknotes and Coins, Euro, National Central Bank, Cash Recirculation

Recipients Banks, Central Cash Office, Mutual Agricultural Credit Savings Banks, Savings Banks, Mortgage Credit Institutions, Credit Financial Institutions, Payment Institutions, Exchange Agencies

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