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Home > Banknotes > From Production to Destruction
 

From Production to Destruction

The Bank is responsible for maintaining confidence in the currency, by meeting demand with good quality genuine banknotes that the public can use with confidence.

This involves designing banknotes (including updating note designs at regular intervals), printing and issuing new notes, distributing notes to where they are needed, ensuring that the notes in circulation are good quality, removing counterfeits from circulation, and destroying notes at the end of their life.
 
The Bank outsources banknote production to a commercial printer (currently De La Rue) and distribution and sorting to commercial members of the Bank’s Note Circulation Scheme (the NCS).
 

The following pages provide more detail on each aspect of the note life cycle, as well as some examples of work the Bank undertakes to ensure that all notes in circulation are good quality and genuine (see Related Links).

Banknote Production

Banknote distribution

Compliance and the NCS

Banknote destruction

 

Key Resources

Managing the Circulation of Banknotes
Quarterly Bulletin article, 2010 Q4

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