Objective

Participants will learn about the tasks of a modern central bank in the field of cash management, the changing environment and efforts in combating counterfeit money. They will be expected to take an active part in discussions and group work and to exchange their opinions and views during the course, networking with fellow colleagues worldwide.

Contents

• The role of a modern central bank in the cash cycle
• Cash management with the help of IT solutions
• Issuance policy for banknotes and coins, cash requirement planning
• How to process cash and make adjustments in line with the development of a country
• Cash recycling outside the central bank – solution or threat?
• Combating counterfeit money
• How to deal with damaged money
• Coin production
• Visit to the Bundesbank’s Munich branch
• Visit to the Service Center for the Automation of Cash Processing in Munich
• Case study

Target group

The course is designed for those relatively new to cash management and for professionals who wants to expand their knowledge in this field. It is recommended especially for representatives of developing countries and emerging economies. Participants should have at least some background in cash management.