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RBA Glossary definition for NQRS

NQRS – Note Quality Reward Scheme

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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