General information about the reproduction of banknotes:
The Central Bank of Chile is the only entity legally authorized to issue banknotes and coins.
Pursuant to Section 64 of the Constitutional Organic Act of the Central Bank of Chile, anyone who manufactures or puts into circulation objects that resemble genuine banknotes to such an extent that they are readily accepted as legal tender shall be penalized with between 541 days and 5 years of imprisonment. Furthermore, the Criminal Code contains a number of other crimes linked to the counterfeiting of banknotes and coins, and the production of equipment aimed at manufacturing counterfeits.
Other criminal provisions also regulate the reproduction of banknotes and coins, particularly regarding the prohibition against reproducing images of legal tender banknotes for advertising, publicity or commercial distribution purposes, under Decree Law No. 726, dated 1925, and Law No. 17.336 on Intellectual Property regarding the unauthorized use of alien domain works protected by copyright for the purposes of publication, adaptation or distribution to the public.
Within this latter policy context, the Central Bank of Chile, as owner of the intellectual property rights in respect of the banknotes and coins which are legal tender, under Board Resolution No. 1583-01-101213, published in the Official Gazette on January 5th, 2011, authorized the partial reproduction of the banknotes and coins i) for educational purposes only, linked to educational programs established by the Ministry of Education; or ii) strictly related to the achievement of objectives of cultural diffusion or information on the characteristics of the Chilean legal tender, including the fulfillment of institutional purposes, specific to State organisms and, where applicable, public charities.
For uses authorized by the Central Bank, the negatives, plates, digital files or storage devices that contain images or illustrations of the design of the legal tender must be destroyed, deleted or disabled once they have been used for the purposes authorized by Board Resolution No. 1583-01.
Finally, interested parties must notify the Central Bank of Chile, in advance, for information purposes, of the objective and purpose of the reproductions made and their characteristics, using the form available on the Bank’s website.