When will the new series enter circulation?

The SNB has not published a launch date. The project is in the design phase, with shortlisted concepts shown in Zurich from 5–15 March. Banknote programs usually take years and roll out in stages. Follow official SNB updates for the production schedule and exchange timelines once confirmed.

Will ATMs and point-of-sale terminals need updates?

Most likely yes. Banks and retailers typically deploy firmware and calibration updates so sensors can read new notes. Plan lab tests, then field pilots, before a fleet-wide push. Coordinate with vendors for certified software, and schedule staff training to keep acceptance smooth during the transition.

How will security change with the new Swiss banknotes?

Expect enhancements to established features such as microtext, color-shifting elements, and tactile cues, though exact details will come from the SNB. Stronger features aim to cut counterfeits and speed authentication by machines. Training cashiers and cash-office teams helps ensure the new checks are used effectively.

What should investors and operators watch next?

Watch for SNB notices on final designs, rollout sequencing, and legal tender periods. Track vendor certifications for ATMs, recyclers, validators, and self-checkouts. Monitor bank provisioning for upgrade costs and any merchant guidance on handling. Cash usage Switzerland trends will show how fast the public adopts the refreshed notes.

Global Market Insights

SNB’s New Swiss Banknotes: Emphase Wins Design Bid — March 6

ByDanny Kontos March 6, 2026

The new Swiss banknotes are moving ahead as the Swiss National Bank chose Lausanne-based Emphase to create the next series under the theme “Switzerland, in relief.” Colors stay the same while visuals get a full refresh. Shortlisted concepts are on show at the SNB Forum in Zurich from 5–15 March. For investors, this decision signals ongoing investment in cash security and resilience. It also points to future upgrades for ATMs, cash recyclers, and point-of-sale devices across Switzerland.