The Banknote Life Cycle starts with the definition, design and printing of the banknote. After its time in circulation the fitness sorting determines the destruction process. Further more and due to technological development, Central Banks are continuously strengthening their banknotes with new security features limiting counterfeit production. Central Banks have to specify, control and manage the Banknote Life Cycle, which can be different for each banknote denomination. The scheduled replacement of banknote series have to be organized, combined with logistics for distribution of the new series and collection of the old series.
What impact has the selected banknote replacement strategy on a country`s Wholesale Cycle/ cash holdings?
Which core stakeholders need to get involved for the technical adaptation? E.g. new sensor software on cash processing and recycling machines.
Cash InfraPro supports your project team with expertise in technical, financial feasibility studies as well as in implementation of “fit for circulation” strategy and its impact on logistics, e.g. the repatriation and exchange of banknote series.
Design, printing, circulation, shredding
Installation of analysis and controlling methods for Banknote Life Cycle and value streams