Switzerland–European Union relations
The currency of Switzerland is the Swiss franc. Switzerland (with Liechtenstein) is in the unusual position of being surrounded by countries that use the euro. As a result, the euro is "de facto" accepted in many places, especially near borders and in tourist regions. Swiss Federal Railways accept euros, both at ticket counters and in automatic ticket machines. Also many public phones, vending machines or ticket machines accept euro coins. Many shops and smaller businesses that accept euros take notes only, and give change in Swiss francs, usually at a less favourable exchange rate than banks. Many bank cash machines issue euros at the traded exchange rate as well as Swiss francs.
Postage stamps and postal history of Switzerland
All of the preceding issues were declared invalid on 1 October 1854, and replaced with the seated allegorical figure "Helvetia", the first of several issues known as "seated Helvetias". The figure was embossed but only the outline was colored, making it rather hard to pick out. This was the first issue to deal with the multiple languages of Switzerland; in addition to the word "FRANCO" at the top, the other three sides listed the denomination in rappen, centimes, and (Italian) centesimi.