Bank notes

• August 13, 1997

  The new bank note distribution system

  Bank of Canada Review - Summer 1997 Gerrit Bilkes

  In this article, the author outlines the recent changes made to the way Canada's bank notes are distributed. The new system allows financial institutions to exchange notes directly with one another at designated points across the country, rather than through Bank of Canada agencies, as was previously the case. The institutions communicate with the Bank of Canada through a computerized inventory-management system. Two Bank of Canada operations centres monitor note quality and supply new notes to the financial institutions. While the Bank continues to maintain firm control over the distribution of Canada's bank notes, the management of information rather than physical notes will improve efficiency and allow significant cost savings to the Bank of Canada and to the government.

  Content Type(s): Publications, Bank of Canada Review articles Topic(s): Bank notes, Financial institutions
• November 7, 1994

  The use of Canadian bank notes

  Bank of Canada Review - Autumn 1994 Louise Hyland

  This article delves into the microeconomics of note circulation, reviewing main factors affecting the demand for bank notes over the last 50 years, including new technology such as automated banking machines. It also discusses trends in the average value of notes in circulation and in the demand for notes of different denominations.

  Content Type(s): Publications, Bank of Canada Review articles Topic(s): Bank notes