Region

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Regulator

2022-02-23

Added 2026-07-26 · Updated 2026-09-05

Monitoring compliance with the recirculation of euro banknotes and coins – cash supervision

Cash handlers recirculating euro banknotes must use sorting machines tested by a Eurosystem national central bank within the last twelve months and included in the ECB's list of successfully tested hardware and software combinations. These handlers are required to submit two half-yearly reports within two months of each reporting period's expiry, detailing the number of banknotes processed and recirculated, the types and quantities of handling machines used, and the volume processed by cash recycling machines broken down by denomination. For euro coins, handlers must utilize processing machines included in the ETSC's list of those with valid positive detection test reports. Compliance with coin recirculation is monitored through annual reports submitted to the European Commission and Member States, which must specify the types and locations of coin processing machines and the number of coins processed per year and denomination for each machine.

Netherlands

De Nederlandsche Bank

Factsheet

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We supervise the cash payment system by providing information and guidance on the standards, collecting data and examining compliance with the rules and regulations.

Published: 23 February 2022

We have issued two decisions to designate supervisors in charge of cash supervision: the decision designating supervisors of euro banknote recirculation and the decision designating supervisors of coin recirculation . We are also responsible for two public coinage tasks. These tasks are to ensure the circulation of coins and to act as the National Coin Analysis Centre .

Euro banknotes

As a supervisory authority we must establish whether cash handlers recirculating euro banknotes check them with appropriate banknote sorting machines and whether they have established controlled processes for this purpose. Such machines must have passed a test performed by one of the national central banks of the Eurosystem not more than twelve months ago and must be included in the most recent list of successfully tested machines published by the European Central Bank (ECB). The list contains successfully tested combinations of hardware and software.

To enable the ECB and DNB to monitor cash handlers’ compliance and banknote circulation developments, cash handlers must prepare two half-yearly reports each year, to be submitted within two months after the expiry of the relevant reporting period. Such reports must include the following information:

the number of banknotes processed and recirculated by or on behalf of the cash handlers

the banknote handling machines (machine types and numbers) used by or on behalf of the cash handlers for recirculation purposes

the number of banknotes processed and recirculated by cash recycling machines, broken down by denomination.

Euro coins

As a supervisory authority we must establish whether cash handlers recirculating euro coins check them with appropriate coin processing machines. Such machines must have passed a test performed by one of the designated national authorities or by the European Technical and Scientific Centre (ETSC) and must be included in the most recent list of coin processing machines for which the ETSC has received or drawn up a positive and valid detection test report summary.

The European Commission and the Member States monitor compliance by cash handlers by requesting them to prepare annual reports, which must include the following information:

The types and number of coin processing machines in use

Where each coin processing machine is located

The number of coins processed per year and per denomination for each coin processing machine

Links

ECB/2010/14 on the authenticity and fitness checking and recirculation of euro banknotes (Refers to an external site)

ECB/2012/19 amending Decision ECB/2010/14 on the authenticity and fitness checking and recirculation of euro banknotes. (Refers to an external site)

ECB/2019/39 amending Decision ECB/2010/14 on the authenticity and fitness checking and recirculation of euro banknotes (Refers to an external site)

Decision on the designation of supervisors for the recirculation of euro banknotes (Refers to an external site)

Successfully tested types of banknote handling machine (Refers to an external site)

Succesfully tested type of coin processing machines (Refers to an external site)