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RBA Glossary definition for NQRS

NQRS – Note Quality Reward Scheme

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Glossary

2 May 2023
A glossary of terms used on the RBA website
https://www.rba.gov.au/glossary/

Banknote Quality in Australia

10 Jun 2012 Bulletin – June 2012
Arianna Cowling and Monica Howlett
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

Banknote Quality in Australia

20 Jun 2012 Bulletin PDF 945KB
Reserve Bank of Australia Bulletin June Quarter 2012
https://www.rba.gov.au/publications/bulletin/2012/jun/pdf/bu-0612-8.pdf

Currency

16 Oct 2013 RBA Annual Report – 2013
A major contribution to the Reserve Bank achieving this objective comes from the Note Quality Reward Scheme (NQRS). ... Under the NQRS, the Bank provides incentives for commercial banks and cash-in-transit companies to remove unfit banknotes from
https://www.rba.gov.au/publications/annual-reports/rba/2013/currency.html

Abbreviations

24 Oct 2016 RBA Annual Report – 2016
Note Printing Australia Limited. NPP. New Payments Platform. NQRS. Note Quality Reward Scheme.
https://www.rba.gov.au/publications/annual-reports/rba/2016/abbreviations.html

Reserve Bank of Australia Annual Report 2013 - Currency

22 Oct 2013 RBA Annual Report 2013 PDF 1188KB
https://www.rba.gov.au/publications/annual-reports/rba/2013/pdf/currency.pdf

Reserve Bank of Australia Annual Report 2016 - Abbreviations

7 Oct 2016 RBA Annual Report 2016 PDF 131KB
https://www.rba.gov.au/publications/annual-reports/rba/2016/pdf/abbreviations.pdf

Annual Performance Statement for 2015/16

24 Oct 2016 RBA Annual Report – 2016
In 2015/16, the Reserve Bank also continued to operate the Note Quality Reward Scheme (NQRS), which encourages the private sector to sort banknotes to desired standards. ... Information collected indicated that banknote quality exceeded the desired
https://www.rba.gov.au/publications/annual-reports/rba/2016/annual-performance-statement.html

Review of Banknote Distribution Arrangements: Conclusions Paper

24 Aug 2022 Media Releases
The Reserve Bank has concluded its Review of Banknote Distribution Arrangements. Today, it has released a Conclusions Paper setting out various changes that seek to ensure that banknote distribution is effective, efficient, sustainable and resilient
https://www.rba.gov.au/media-releases/2022/mr-22-26.html

Business Services

31 Aug 2007 RBA Annual Report – 2007
The arrangements with the commercial banks and armoured car companies were further enhanced in September 2006 with the introduction of the Note Quality Reward Scheme (NQRS). ... The Reserve Bank established the NQRS with commercial banks in September
https://www.rba.gov.au/publications/annual-reports/rba/2007/bus-serv.html