Minority of central banks keep whole cash cycle in-house

Banknote printing remains central banks’ most outsourced function

Most central banks decentralise cash cycle management, but a handful of institutions are still in the practice of performing the functions in-house, the Currency Benchmarks 2024 find.

The data shows that 34 out of 36 central banks outsource at least one cash cycle duty. Only two (5.6%) respondents, both from middle income jurisdictions, do not.

A quarter of respondents indicated that they do not outsource banknote printing. However, the duty is the most outsourced task overall, by three-quarters

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@centralbanking.com or view our subscription options here: http://subscriptions.centralbanking.com/subscribe

You are currently unable to copy this content. Please contact info@centralbanking.com to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Central Banking? View our subscription options

Most read articles loading...

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account

.