Regulatory Alerts2026-05-15
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Circular Letter No. CC/2026/00000016
The Bank of Portugal, with the agreement of the Judicial Police, permits the reprocessing of banknotes initially classified as category 2 (suspected counterfeits) by entities operating with cash, provided they are processed in machines successfully tested for this purpose. Banknotes reclassified as genuine by a second machine must be delivered immediately to the Bank of Portugal and must not return to circulation under any circumstances. This authorization aligns with amendments to Decision ECB/2010/14 introduced by Decision (EU) 2025/2182.
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