Search: NQRS
RBA Glossary definition for NQRS
NQRS – Note Quality Reward Scheme
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Banknote Quality in Australia
10 Jun 2012
Bulletin
– June 2012
For these reasons, in 2006 the Bank introduced the Note Quality Reward Scheme (NQRS). ... Private sector participants in the NQRS are the CITs and the main commercial banks.
https://www.rba.gov.au/publications/bulletin/2012/jun/8.html