This is why you should refuse to accept discoloured banknotes. ![]() Sometimes, criminals try to remove the security ink staining by washing or bleaching. Intelligent banknote neutralisation systems are security mechanisms installed in ATMs or in valuables transport boxes that stain or partly damage banknotes following an attempted theft or robbery. The ink stains on the banknote may have been made by an intelligent banknote neutralisation system. Do not accept it and ask for another banknote. What should I do if someone offers me an ink-stained or discoloured euro banknote?Ī stained banknote is quite probably a stolen banknote. If one tries to peel off single banknotes, they will tear to small pieces. These systems render banknotes useless by staining them with ink or by other means, such as glue.ĭuring an attempt to steal cash from an ATM or valuables transport box protected by a neutralisation system using security ink, the banknotes are extensively and permanently stained.ĭuring an attempt to steal cash from an ATM or valuables transport box protected by a neutralisation system using glue, the banknotes are permanently and irreversibly fused into a solid brick. The IBNS's goal is to remove the reward of the theft, making it harder or even impossible to use the banknotes as a means of payment, and to increase the probability of catching the criminal. What is an Intelligent Banknote Neutralisation System – IBNS? The use of IBNSs is regulated by Instruction of Banco de Portugal No 1/2011, as amended by Instruction of Banco de Portugal No 37/2012 and by Circular Letter No 66/2019/DET. These tests focus on how these systems operate and on their results. In Portugal, the installation of new neutralisation systems and the introduction of changes to systems being used must be previously tested by Banco de Portugal. Under the terms of this Decision, where a national central bank knows or has sufficient reason to believe that the banknotes have been intentionally damaged, it should refuse to exchange and should withhold the banknotes, in order to avoid the return of such euro banknotes into circulation or to prevent the applicant from presenting them to another central bank for exchange. The Decision of the ECB of 19 April 2013 on the denominations, specifications, reproduction, exchange and withdrawal of euro banknotes, sets forth in Article 3 (2) that banknotes damaged by intelligent banknote neutralisation systems will only be exchanged when the applicant is the victim of the criminal activity leading to the damage to the banknotes. SICOI (Portuguese Interbank Clearing System). ![]() Account information services and payment initiation services.Measures related to the COVID-19 pandemic.Two-tier system for remunerating excess reserve holdings.Targeted longer-term refinancing operations (TLTRO).Eurosystem Collateral Management System.Review of the European Central Bank’s monetary policy strategy. ![]()
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