Withdrawal of euro banknotes

The European Central Bank (ECB) is also responsible for withdrawing euro banknotes and establishing a common regime under which the ECB and the national central banks can perform this withdrawal.

The withdrawal of a euro banknote type or series is regulated by a decision of the Governing Council of the ECB published for general information  in the Official Journal of the European Union and other media.

  • This decision must cover, as a minimum, the followingpoints:
  • the banknote type or series to be withdrawn from circulation;
  • the duration of the exchange period;
  • the date on which the euro banknote type or series will lose its legal tender status;
  • the treatment of euro banknotes presented once the  the withdrawal period is over and/or they have lost their legal tender status. 
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