Parameters for banknote sorting machines
The State Bank of Pakistan (SBP) has decided to set the sorting parameters of banknote processing machines. “To standardise banknote processing parameters and to ensure that different machines give uniform results while sorting banknotes under similar conditions, SBP has decided to fix sorting parameters of banknote processing machines,” said an SBP circular issued on Tuesday. In the first phase, the SBP has fixed sorting parameters of high-end banknote processing and authentication systems (BPAS), desktop note sorting (DNS) and countertop note sorting (CNS) installed at its premises and implemented the same across all its field offices. In the second phase, the SBP in collaboration with banks have calibrated banknote processing machines deployed in Karachi and compiled the desired readings against each make and model as approved calibrations available on the web. Earlier, the SBP had released a relevant circular dated Sept 9, 2014 wherein the central bank issued machine fitness sorting parameters to banks to provide minimum standards for machine sorting of Pakistan rupee banknotes. Under the implementation of SBP’s circular, banks have procured banknote processing machines of various make and models, deployed at Cash Processing Centres (CPCs) and branches.