Bsp new check format
You're referring to the new check format introduced by the Bank of Spain (Banco de España) in Spain!
As of January 1, 2020, the Bank of Spain has introduced a new format for checks, which aims to improve security and reduce the risk of fraud. Here are the key changes:
New check format:
- Size: The new checks are slightly larger than the previous ones, measuring 12.5 cm x 21.5 cm (4.9 in x 8.5 in).
- Security features: The new checks feature advanced security elements, including:
- A hologram strip with a unique pattern that changes when tilted.
- A micro-printed text that is difficult to reproduce.
- A watermark with a subtle image that appears when held against light.
- A unique serial number and a signature panel with a unique code.
- Layout: The layout of the check has been modified to make it more difficult to alter or reproduce:
- The payee's name and address are now located in a separate section.
- The amount and date are now centered and in a larger font.
- The signature panel is now larger and more prominent.
- Color scheme: The new checks have a distinctive color scheme, with a blue background and white text.
What does this mean for you?
If you're a business or individual who uses checks regularly, you'll need to update your checkbooks and supplies to the new format. You may also need to modify your check-writing procedures to accommodate the new layout and security features.
It's essential to ensure that your checkbooks and supplies are compatible with the new format to avoid any issues or delays in processing payments.
If you have any questions or concerns about the new check format, I recommend contacting your bank or financial institution for guidance.