Currency Design Planning, Production & Distribution Management Training
Many newly independent or systemically transforming countries feel a pressing need to–or must–introduce their own national currency. Other countries simply wish to enhance the attractiveness, usefulness, durability, and/or security of their currencies.
This hands-on course will endeavor to discuss the main issues in designing, producing, and distribution of a new currency, in order to help those charged with these tasks to proceed in an orderly and informed manner as per the generally acceptable international standards. The course will also address issues related to Bank’s Role in Currency Management, Currency Design, Counterfeit Deterrence, Currency in Circulation, Counterfeit Detection, Currency Operations
Training Modules
- Role of the Central Bank in currency management
- Issue and distribution of banknotes and coins
- Currency Design
- Destruction and disposal of currency
- The role of coins in the cash cycle
- Inventory management
- Accounting for currency
- Measures taken to Improve currency management system
- Monitoring and on-site Inspection of cash operations
- Deterrence of counterfeit currency
- Advanced customer service skills
- Health and safety measures in the workplace
- Bulk cash handling
Way forward After the Training
Participants will develop a work plan through the help of facilitators that stipulates application of skills acquired in improving their organizations. ASPM will monitor implementation progress after the training
Training Evaluation:
Participants will undertake a simple assessment before the training to gauge knowledge, another assessment will be done after the training in-order to demonstrate knowledge gained through the training.