No reason for public to have central bank accounts – Cœuré

Benoît Cœuré
Benoît Cœuré: currently, “no clear benefits” to allowing the public to hold digital central bank reserves 

A member of the European Central Bank’s board has said the premise of members of the public holding bank accounts at central banks requires a more “thorough discussion”.

“In a not so distant future, universal reserves could enable people to hold a central bank liability comparable to cash without the risks associated with commercial money,” Benoît Cœuré said.

However, he went on to say there are currently “no clear benefits” to allowing the general public to hold digital central bank reserves

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact [email protected] or view our subscription options here:

You are currently unable to copy this content. Please contact [email protected] to find out more.

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 individual account here: