When new bank notes are introduced, cash-handling machines typically need some form of adaptation or adjustment. As the lower value $5 and $10 notes are used extensively in vending, self-serve retail checkouts as well as parking and transit machines, your equipment may need to be adapted to recognize and accept the new notes.
They are machines that process bank notes, including:
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 works closely with bank note equipment manufacturers in four ways:
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 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.