Why is the demand for 1,000-franc banknotes growing in Switzerland?

Why is the demand for 1,000-franc banknotes growing in Switzerland?

Large-denomination banknotes, like the 1,000-franc note, are rarely used for everyday transactions in Switzerland. So why are they becoming more popular?

Introducing Switzerland’s new 20 franc banknote

Introducing Switzerland’s new 20 franc banknote

Woman, 86, arrested for spraying anti-war graffiti on Swiss National Bank

Woman, 86, arrested for spraying anti-war graffiti on Swiss National Bank

Switzerland’s new 50 franc note: what you need to know

Switzerland’s new 50 franc note: what you need to know

Swiss central bank to post massive loss

Swiss central bank to post massive loss

Credit Suisse lowers outlook for Swiss growth

Credit Suisse lowers outlook for Swiss growth

Central bank maintains record low interest rates

Central bank maintains record low interest rates

Franc still too high: new SNB board member

Franc still too high: new SNB board member

Swiss fashion chain to pay HQ staff in euros

Swiss fashion chain to pay HQ staff in euros

Central bank keeps negative rates in place

Central bank keeps negative rates in place

Franc at lowest euro level since February

Franc at lowest euro level since February

Swiss central bank readies for Grexit ‘crisis’

Swiss central bank readies for Grexit ‘crisis’

Central bank records massive losses for Q1

Central bank records massive losses for Q1

Exporters fear impact of rising franc on business

Exporters fear impact of rising franc on business

Town employees’ work week upped in ‘solidarity’

Town employees’ work week upped in ‘solidarity’

More work for same pay: firms tackle high franc

More work for same pay: firms tackle high franc

Euro hits fresh lows against Swiss franc

Euro hits fresh lows against Swiss franc

ECB announces major bond buying program

ECB announces major bond buying program

SNB official defends ‘best option’ for franc

SNB official defends ‘best option’ for franc

Swiss travel agents and retailers cut prices

Swiss travel agents and retailers cut prices

Credit Suisse to charge for corporate accounts

Credit Suisse to charge for corporate accounts

Tourism industry reeling from soaring franc

Tourism industry reeling from soaring franc

Soaring franc causes queues at FX counters

Soaring franc causes queues at FX counters

Shock move to untether franc sparks debate

Shock move to untether franc sparks debate

Swiss franc soars after central bank action

Swiss franc soars after central bank action

Swiss National Bank to post $37-billion profit

Swiss National Bank to post $37-billion profit

Central bank dramatically boosts currency reserves

Central bank dramatically boosts currency reserves

Banks vow negative rates won’t be passed on

Banks vow negative rates won’t be passed on

Central bank imposes negative interest rates

Central bank imposes negative interest rates

First woman joins Swiss central bank board

First woman joins Swiss central bank board

Why the Swiss central bank needs more gold

Why the Swiss central bank needs more gold

Swiss household wealth continues to rise: report

Swiss household wealth continues to rise: report

Financial markets brace for Swiss ‘gold’ vote

Financial markets brace for Swiss ‘gold’ vote

Central bank chief calls gold proposal ‘fatal’

Central bank chief calls gold proposal ‘fatal’

Negative interest rates comment softens franc

Negative interest rates comment softens franc

Raiffeisen coop bank group ‘too big to fail’

Raiffeisen coop bank group ‘too big to fail’

Central bank maintains low rates and franc floor

Central bank maintains low rates and franc floor

Swiss franc surges on rising Ukraine concerns

Swiss franc surges on rising Ukraine concerns

Cheaper gold inflates Swiss central bank loss

Cheaper gold inflates Swiss central bank loss

Zurich’s cantonal bank judged ‘too big too fail’

Zurich’s cantonal bank judged ‘too big too fail’

Gold price tumble hits Swiss National Bank

Gold price tumble hits Swiss National Bank

ECB continues swaps with Swiss central bank

ECB continues swaps with Swiss central bank

Swiss banknotes stolen from central bank printer

Swiss banknotes stolen from central bank printer

Swiss central bank maintains ultra-low rates

Swiss central bank maintains ultra-low rates

Swiss probe launched against former SNB chair

Swiss probe launched against former SNB chair

Central bank says UBS rescue loan repaid

Central bank says UBS rescue loan repaid

SNB ‘will not bail out troubled Swiss banks’

SNB ‘will not bail out troubled Swiss banks’

Swiss money really is dirty: UK scientists

Swiss money really is dirty: UK scientists

Central bank vows to restrain Swiss franc

Central bank vows to restrain Swiss franc

Italian stalemate pushes up franc against euro

Italian stalemate pushes up franc against euro

Swiss currency cap still needed: SNB official

Swiss currency cap still needed: SNB official

Swiss exports benefit from franc’s dip

Swiss exports benefit from franc’s dip

placeholder image

Swiss central bank to post lower profits

Swiss franc could fall further, analysts say

Swiss franc could fall further, analysts say

Swiss central bank to open Singapore branch

Swiss central bank to open Singapore branch

Swiss central bank to continue capping franc

Swiss central bank to continue capping franc

Credit Suisse sells Zurich HQ to raise capital

Credit Suisse sells Zurich HQ to raise capital

Switzerland to escape recession: SNB chief

Switzerland to escape recession: SNB chief

Swiss central bank triples profits

Swiss central bank triples profits

Swiss central bank buys eurozone debt: S&P

Swiss central bank buys eurozone debt: S&P

Swiss central bank cuts growth outlook

Swiss central bank cuts growth outlook

placeholder image

Faulty paper blamed for new banknote delay

Negative rates mulled to lower Swiss franc

Negative rates mulled to lower Swiss franc

placeholder image

New rules ‘don’t threaten Swiss banks’

Surging franc pushes SNB into the red

Surging franc pushes SNB into the red

placeholder image

Swiss politicians back move to stabilize franc

Far-right party wants to ‘save Swiss gold’

Far-right party wants to ‘save Swiss gold’

Swiss retail giants call for weaker franc

Swiss retail giants call for weaker franc

Swiss central bank posts bumper profit

Swiss central bank posts bumper profit

Swiss central bank in new trading controversy

Swiss central bank in new trading controversy

Central bank holds firm on key interest rate

Central bank holds firm on key interest rate

Ex-Swiss central bank head joins Oxford Uni

Ex-Swiss central bank head joins Oxford Uni

Jordan confirmed as new central bank chief

Jordan confirmed as new central bank chief

Swiss central bank in swap deal with Poland

Swiss central bank in swap deal with Poland