The Bank of England summarises the differing approaches being taken by European member states and banking groups as the deadline looms for the replacement of national currencies with the new euro notes and coins.
Taken from the Bank's latest quarterly report on the practical issues arising from the introduction of the euro, this section explores the issues faced by banks as they prepare for the physical changeover of notes and coins.
Case studies include:
How to achieve a high volume of frontloading: the Austrian case - a contribution by the Oesterreichische Nationalbank;
Euro cash changeover in Germany - a contribution by the Deutsche Bundesbank;
Going Dutch in euros: the concentrated changeover in the Netherlands - a contribution by de Nederlandsche Bank; and
How high usage of electronic means of payment eases the changeover: the Finnish case - a contribution by Suomen Pankki» Download the document now 483Kb PDF