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RBA Glossary definition for NQRS

NQRS – Note Quality Reward Scheme

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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

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

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

Abbreviations

16 Oct 2013 RBA Annual Report – 2013
NPA. Note Printing Australia Limited. NQRS. Note Quality Reward Scheme. OECD.
https://www.rba.gov.au/publications/annual-reports/rba/2013/abbreviations.html

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