Some Central Banks are deciding whether to retain full responsibility for the circulation of cash through the economy, or transfer some of the logistical duties and costs to the commercial sector.
SMI is able to assist with the decision making process and help to identify implications for each affected party regarding the quality of circulating cash, the integrity of the currency itself and the cost-efficiencies of cash being circulated further down the cash cycle.
SMI has extensive experience in:
- reviewing cash cycles around the world and the regulatory environments which influence the way cash circulates through the economy
- analysing the drivers of cash demand and circulation
- modelling the unique financial and logistical issues facing different stakeholders
- providing the appropriate advice to all stakeholders, from Central Banks to Retailers, on the most efficient and cost-effective way to manage their cash operations to maintain the integrity, availability and accessibility of banknotes and coins.