A portion of €50 banknotes is being withdrawn from the stimulus

The 50 euro banknote is one of the most common in the daily economy, both in Ceuta shops and in transactions between individuals. But not all copies of this banknote are still valid. The Banco de España is withdrawing certain 50 euro banknotes because they are damaged, intentionally manipulated or contaminated with security inks. Next, we explain which 50 euro banknotes can be exchanged, which are not, and what steps should you follow if you rec…

Is it true that Spain is considering withdrawing 50 euro notes from circulation?

The central bank of Spain has ordered the withdrawal of 50-euro banknotes from circulation starting in April, after it was found that a large number of them were damaged by ink from anti-theft security systems installed in ATMs, Spanish media reported.

Throughout history, the money we use to live has taken many forms. If today, digital money exchanges seem to predominate, liquid money continues to circulate. However, a European country is in the process of removing certain banknotes from circulation. We are taking stock following the publication of an article by our Spanish colleagues from Ok Diario. Money: digital is gaining ground In the last century, we would never have thought that we coul…

You have asked us through our WhastApp verification service about publications that have been disseminated on social networks that alert us that the Banco de España will exceptionally withdraw damaged 50 euro banknotes during the month of April. “No banknote will be withdrawn.” According to the Banco de España through a message on its social networks and has confirmed to Newtral.es, the supervisory body “has not ordered the withdrawal of any ban…