THE new-style €20 note is due to come into circulation on November 25 this year, with the design reflecting that of the recent editions of €5 and €10 notes.
By the time it is launched, over 4.3 million €20 notes will have been minted, given that this is the most popular and frequently-used in the whole of the Eurozone.
It is one of the main bank notes issued by cashpoint machines - in fact, some of these only allow a minimum withdrawal of €20, meaning €5 and €10 notes are not used and €50 notes only come out if the total requested can accommodate this combination.
Most shops and restaurants have forgery detectors for €20 notes and they are accepted by the majority of vending machines, says chairman of the European Central Bank (BCE), Mario Draghi.
This new bank note bears a feature not seen before, known as a 'portrait window' - a type of hologram designed to prevent forgery.
These €20 notes will be issued in small numbers in Spain and other Eurozone nations so that businesses can use them for testing and to adapt their equipment.
Typically, this happens about nine months before the new notes become legal tender, meaning effectively, some should already have entered Spain and other Eurozone States by today (Wednesday).
It will be followed in the relatively near future by bank notes of €50, €100, €200 and €500.
In Spain, the latter three - coloured green, yellow and purple respectively - are practically never seen with the highest denomination in common daily use being the €50 note.
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