VALUE DOCUMENT HAVING AN AT LEAST PARTIALLY EMBEDDED SECURITY ELEMENT

摘要

The invention relates to a value document having an at least partially embedded security element, wherein the value document consists of a security paper having two or more layers of identical or different materials, and wherein the security element is designed as a transfer element and is applied to an internal surface of one of the layers of the security paper and is at least partially covered by at least one further layer of the multilayer security paper.