Regulatory Alerts2024-07-19 | Circular 10/2024Added · Updated
Circular 10/2024 — Modifications to the Cash Operations Circular regarding the circulation of a commemorative $20 coin for the 500th anniversary of the founding of the first Villa de Colima
The Bank of Mexico modifies Circular 9/2023 to authorize the circulation of a new bimetallic, dodecagonal $20 commemorative coin marking the 500th anniversary of the founding of the first Villa de Colima. Credit institutions are required to deposit these new coins separately from existing circular $20 coins (key 810) and may combine them in bags of 700 pieces alongside other commemorative coins (key 941). The document specifies the coin's physical characteristics, including a total weight of 12.67 g, specific alloy compositions for its central part and peripheral ring, and security features such as latent images and micro-text.
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