The Swiss National Bank (SNB) has acquired land in Bülach, located in the canton of Zurich, for the construction of a new cash logistics center. This move is part of SNB's strategy to ensure secure cash supply and distribution through modern facilities and advanced technical infrastructure. The plan involves relocating its cash operations from its current Zurich head office to the new site in Bülach.
The upcoming facility is expected to cater to future needs for cash supply and distribution, with an anticipated opening in the early 2030s. The importance of cash as a payment method remains high among the Swiss population, with SNB surveys indicating that 95% of people want it to remain available.
To fulfill its legal obligation of maintaining cash supply and distribution, SNB continues to invest in modern infrastructure. Additionally, it has started developing the tenth series of banknotes to ensure that Swiss currency maintains high standards of functionality and security over time.
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