When does the bank have new money every year?

There will be more new money at the end of the year.

At the end of each year, all commercial banks will withdraw the issuance funds from the branches of the People's Bank of China and transfer them to the treasury of commercial banks to become circulating RMB. There is a department at the grassroots level of the People's Bank of China, which is responsible for the circulation of local currency. At the end of each year, an activity called "New Year's Coin Exchange" will be launched. Simply put, the new issuance fund is allocated to commercial banks, and commercial banks withdraw money from customers when they withdraw money. In short, it is a branch of the People's Bank of China, which takes advantage of such a time node that everyone needs more cash during the Spring Festival to provide for the society. However, in a few years, after the People's Bank of China issues the digital currency, there will be no distinction between the old and the new.