The Swiss National Bank has purchased a plot of land in Bülach (canton of Zurich) and plans to build a new cash logistics centre, moving its cash infrastructure from its Zurich head office to the new site. The facility is intended to support the secure supply and distribution of cash and is expected to open in the early 2030s. The SNB linked the investment to its statutory mandate to ensure cash supply and distribution, citing survey results showing that 95% of the Swiss population want cash to remain available as a payment method. Alongside modernising its infrastructure, the SNB also noted that it has begun developing a tenth banknote series to maintain functionality and security standards over the long term.
Swiss National Bank 2025-07-11
Swiss National Bank purchases Bülach land to build a new cash logistics centre and relocate cash infrastructure from Zurich
The Swiss National Bank (SNB) plans to build a new cash logistics centre in Bülach, Zurich, relocating its cash infrastructure from its Zurich head office. This investment aligns with the SNB's mandate to ensure cash supply, supported by survey results indicating 95% of Swiss citizens want cash to remain available. Additionally, the SNB is developing a tenth banknote series to uphold functionality and security standards.