Cash-Handling Machines

Introduction of a new bank note usually requires modifications to bank note handling equipment. We all have a role to play in preparing for Canada’s new polymer bank notes. Here’s an overview of how we can work together for a smooth transition.

The Bank of Canada’s Role

The Bank of Canada works closely with bank note equipment manufacturers in four ways:

• solicits feedback on the note’s design and material through the development of the new note series;
• provides manufacturers with information to help them determine the nature of the adjustments required to their equipment;
• offers manufacturers and suppliers advance bank notes to test on their machines several months before each new note goes into circulation; and
• publicly unveils a new note several months before issuing it to raise awareness among businesses and facilitate machine adaptations.

Owners and Renters of Bank Note Handling Equipment

If your business uses equipment like cash counters, ABMs, self-serve checkouts or vending machines, they may need to be upgraded for polymer notes, or in some cases, replaced.

Keep in touch with your equipment manufacturer or supplier to find out what adaptations will be required and when they will be completed. Also check this website for any issue-related information.

Manufacturers and Suppliers of Bank Note Handling Equipment

Manufacturers and suppliers are encouraged to ensure that their machines will accept or dispense the new notes by the time that they are issued.

The Bank strongly encourages manufacturers and suppliers to keep their customers informed of when adaptations will take place. Those who own or rent bank note handling equipment will be counting on timely adaptations to serve their clients.