ICA informations about Cash and Corona Virus
- Banknotes and coins do not pose a particular risk of infection for the public.
- Several central Banks, the experts on cash, see no evidence for banknotes transmitting the virus (e.g. Deutsche Bundesbank)
- The same goes for medical experts, e.g. Prof. Jürgen Haas, the head of infection medicine at the University of Edinburgh. Or Dr Christine Tait-Burkard, an expert in infection and immunity at the Roslin Institute, University of Edinburgh.
- This view is being confirmed by the German Federal Institute for Risk Assessment (BfR) and the German Robert-Koch-Institute. Both of which say that no reports of infections from contact with dry surfaces are known for corona viruses.
- The risk of picking up coronavirus via cash is extremely minimal. The probability of becoming ill from handling cash is smaller than from many other objects used in everyday life.
- There is no evidence that banknotes are more strongly contained than any other surface. The dominating option among medical experts is that the virus is not being transmitted by banknotes. To single out banknotes is random.
The ICA is concerned by the rise of misinformation regarding the use of banknotes and coins as the effects of the Coronavirus pandemic continues to unfold. Despite some reports that they could risk spreading the virus, the dominating opinion among experts is that cash does not transmit COVID-19.
Key references on cash and the corona virus