DID YOU KNOW THAT
Mountains of banknotes
If you stacked all of the banknotes in circulation on top of one another the pile would be 30 kilometres high, or 3 1/2 times as tall as Mount Everest.
In the year 2003 there were 1,832 cases of counterfeit banknotes detected and reported to the police, which amounted to a total monetary value of SEK 684,840.
Coins in the home
55 per cent of Swedish households have coins lying around the house to a value of 756 kronor.
Cash managementThe Riksbank has the statutory tasks of promoting a safe and efﬁcient payment system and of providing Sweden with banknotes and coins. In Sweden, the Riksbank has a monopoly on issuing banknotes and coins. Cash management is an extensive process, in which the Riksbank’s subsidiary Svensk Kontantförsörjning AB, SKAB, plays an important roll. There is a total of around SEK 100 billion in circulation in the form of banknotes and coins. What do I do if I have received a discoloured banknote?A discoloured banknote here refers to a note that has been coloured with ink dye from a security device, such as in cases for transporting cash-in-transit.If you have accepted by mistake an individual discoloured banknote or one that has a strange appearance, you should hand it in to your bank or to Svensk Kassaservice. If the banknote has not been discoloured by security ink dye, the bank can replace it. However, if it is discoloured by ink dye, an explanation must be provided on a special form that the bank will provide.READ MORE
The Riksbank does not redeem coins used as advertising
The Riksbank does not redeem coins with stickers on them as these have been altered in such a way that they no longer meet the appearance requirements for a coin. Banks, the retail trade, SKAB and money counting centres have been informed of this. The Riksbank will soon present a report to the Riksdag (the Swedish parliament) with a proposal for changing the law to prevent the spread of coins carrying advertisements.
LAST UPDATED 4/4/2004