Central Banking

Acid blamed for crumbling German banknotes

German authorities revealed Thursday 2 November that more than 1,000 German banknotes have mysteriously disintegrated in recent months, possibly due to acid on the brittle notes.

Most of the notes were of less than 100 euros and have surfaced in 17 cities since June, Elke Martens, a spokeswoman for the Bundesbank, Germany's central bank, was quoted as saying Thursday.

The bills "became crumbly after they were withdrawn from cash machines," she said, adding that it was the first time such damage

To continue reading...

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: