The Swiss have bucked international trends by revamping their highest-value bank note. So, what’s behind the preference for cash?

Last month, the Swiss unveiled a smart new banknote to stash in their wallets. The purple 1,000 franc bill was the latest in the Swiss National Bank (SNB) series to undergo a revamp. The new note is slightly smaller and shows two people shaking hands above a globe; the theme is communicative flair, according to the SNB.

And this is no ordinary note, it’s one of the world’s most valuable banknotes, worth around 880 euros ($1,007, £764). According to the SNB’s latest figures there are more than 48 million of them in circulation, accounting for around 60% of the value of all banknotes in Switzerland. …

About

Gillian Millar

Freelance Multimedia Journalist (radio/TV/online), VJ (Canon XF100) and media trainer/speaker. Former BBC TV News Presenter. IFJ.

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