Federal Government and cantons benefit from unexchanged banknotes

Because old banknotes have not been exchanged in Switzerland, the federal government and cantons receive money from the SNB.

Banknotes lost from the 1970s, which have not been changed with some of us, will create a significant benefit for cantons and federal government, transmitted Bloomberg.

Unredeemed old Swiss banknotes, worth nearly one billion francs at the end of April, are generating revenue. In this context, the Confederation and the cantons are receiving more than 700 million francs from the Swiss National Bank (SNB).