Denmark, where cash is seldom used, is set to withdraw 1,000 crown (approx. €134) notes, its largest denomination, from circulation by May 2025.
“With the evolution of Danes' payment habits, the 1,000 crown note is no longer necessary," Christian Kettel Thomsen, the director of Nationalbanken, said on Thursday.
In the Scandinavian country, just 10% of payments in stores are made in cash - already half as much as in 2017.
https://www.euronews.com/business/2023/11/30/denmark-withdraws-1000-crown-note-from-circulation
#Denmark #Crown #Currency #Cash #BankNotes
The European Network /
npub1lu…wsylr
2023-12-01 08:40:32
Author Public Key
npub1luj7hu7q2kwyn2h4q7v09d6gmzdj5e37sc4smvrh0yx4ku7ng7hqfwsylrPublished at
2023-12-01 08:40:32Event JSON
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"content": "Denmark, where cash is seldom used, is set to withdraw 1,000 crown (approx. €134) notes, its largest denomination, from circulation by May 2025.\n\n“With the evolution of Danes' payment habits, the 1,000 crown note is no longer necessary,\" Christian Kettel Thomsen, the director of Nationalbanken, said on Thursday.\n\nIn the Scandinavian country, just 10% of payments in stores are made in cash - already half as much as in 2017.\n\nhttps://www.euronews.com/business/2023/11/30/denmark-withdraws-1000-crown-note-from-circulation\n\n#Denmark #Crown #Currency #Cash #BankNotes",
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