On 8 October 2020, the German government will issue a €2 commemorative collector’s coin “50th anniversary of the Warsaw genuflection”.

The number of card payments has continued to grow steadily since the end of the pandemic. In 2023, it rose by almost 16 % on the previous year to 11.8 billion transactions. 

In the period from January to June 2024, the Bundesbank removed significantly more counterfeit money from circulation in Germany than in the six months prior, detecting around 38,600 counterfeit euro banknotes with a nominal value of €2.4 million. This was 29% more than in the second half of 2023. Meanwhile, the total loss arising from counterfeit banknotes was only slightly up, by just under 5%. The increase was driven by easily identifiable counterfeits, especially of €10 and €20 banknotes, said Burkhard Balz, the Bundesbank’s Executive Board member whose remit includes cash management.

If you have general questions with regard to payments or your account please contact your responsible customer service team (KBS).

Stable money is a precious public good. It protects savers and income earners from the erosion of wealth while promoting growth and employment. The primary objective of monetary policy in the euro area is therefore to ensure price stability. The President of the Bundesbank is involved in making monetary policy decisions as a member of the Governing Council of the European Central Bank. The Bundesbank is charged with implementing these decisions in Germany.