No expiry of old banknotes
Swiss banknotes no longer have an expiry date. The Council of States and the National Council decided in the spring, after considerable discussion, that they can be exchanged indefinitely in the future. The unlimited exchange period will apply to notes from the sixth series onwards, which came into circulation in 1976. The 100-franc note bears the portrait of architect Francesco Borromini. There are still over a billion francs worth of notes in circulation from this series! What should you do with them? They are no longer accepted by banks and retailers. However, the cash offices and agencies of the Swiss National Bank (SNB) will exchange old banknotes for new ones free of charge.