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Technology Transfer to Issuers

PolyTeQ offers a comprehensive range of services to support the introduction of polymer banknotes that meets the unique requirements of each banknote issuer. The polymer introduction program focuses on the following components:

Change and Risk Management

  • Understanding the change impact and minimising the risks of the introduction of polymer notes or a new polymer series
  • Implementation of a risk management and project control program

Note Introduction Strategy

  • Review and analyse options for the note introduction strategy
  • Develop an appropriate strategy for the public and the note issuer
  • Strategic planning and control for the polymer note project

Public Information Program

  • Assistance with developing public information material like posters, brochures or media advertising
  • Media liaison including media conferences and information releases

Cash Handlers’ Information and Education

  • Information and education seminars for cash handlers
  • Information and support programs

Automated Processing of Polymer Notes

  • Information and support for automated processing of polymer notes
  • Machine set-up and calibration

Note Quality Standard for Polymer Notes

  • Develop and implement note quality standards for notes in circulation
  • Monitoring note quality
  • Pro-active management of the quality of the notes in circulation

Currency Operations, Work Systems and Processes

  • Review of existing work systems and processes with focus on efficiency
  • Recommendation of appropriate changes or enhancements
  • Advice on destruction and recycling of polymer notes. The Guardian™ Global Recycling Program helps to reduce central banks’ and banknote printers’ carbon footprint and provides a cost-effective and environmentally-friendly solution to dispose of unfit banknotes and polymer substrate waste

Note Performance Evaluation

  • Introduction of a banknote evaluation program to monitor note performance and note life
  • Banknote data collection, analysis and reporting