Banknotes and coins

Banknote research and development

The Eurosystem has a duty to safeguard the integrity of its banknotes. Accordingly, the European Central Bank in close collaboration with the National Central Banks manages, coordinates and funds a wide variety of banknote research and development projects being conducted in the public and private sectors, and the Banco de España is one of the most active central banks in this area. In case you are interested in a joint project to improve our euro banknote, please visit the below link for more details:

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