The €50 banknotes no longer valid in Spain from April onwards

The 50 euro banknotes are undoubtedly the most used in Spain. Their intermediate value makes them ideal to keep in the wallet and make small purchases. For the same reason, together with those of 20 euros, they are the most falsified and, in addition, the most susceptible to the anti-theft system. The anti-theft security system is a mechanism installed in the transports of money and ATMs to physically disable the money if they detect attempts to…

The €50 banknotes no longer valid in Spain from April onwards

The Bank of Spain has announced that from April certain €50 banknotes will no longer be accepted as legal tender.

We use them less and less, and yet they are still there: the 5, 10, 20, 50 euro banknotes... familiar, a little tired sometimes, but well present in the wallets. Yet, their future is already being written.

The Central Bank of Spain has ordered the withdrawal from circulation of 50 euro banknotes starting in April, due to the fact that a large number of them have been damaged by ink emitted by anti-theft systems installed in ATMs, Spanish media report today

The Banco de España has issued a warning about the withdrawal of certain 50 euro banknotes, which could affect many people and commercial premises. As of April, some of these banknotes will no longer be valid for transactions and the people who have them will have to change them before that time. Why will some 50 euro banknotes stop circulating? The reason behind the withdrawal The Banco de España has taken the decision to withdraw 50 euro bankn…

For years, the 50 euro banknote has been one of the most widely used in Europe. Its value perhaps makes it one of the most recurring for daily transactions that exceed what would be paid with coins, but without reaching the impact of the 100 or 200 euro banknotes. However, something is about to change. One news that has surprised many is that certain 50 euro banknotes will cease to be valid very soon, and there will be no going back. The announc…