News in Brief

New Cash Centre for Switzerland

Following hard on the heels of the National Bank of Belgium’s inauguration of its new cash centre (see CN June 2025), the Swiss National Bank has announced that it too will be moving its cash logistics from the current city centre location to a modern new purpose-built greenfield site.

A parcel of land has been acquired in Bülach, in the Canton of Zurich, and the new cash centre is set to open in the early 2030s, replacing the current location at the SNB’s headquarters in the city of Zurich.

According to the SNB, the move is part of the SNB’s ongoing efforts to ensure a secure and efficient supply and distribution of cash for the Swiss population, which overwhelmingly (95%) still values cash as a payment method. For this, it says, it needs modern buildings and cuttingedge infrastructure.

The plans for the new cash centre will run alongside the development of the tenth series of Swiss banknotes, which is currently on the drawing board.