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
Proposed merger between Armaguard and Prosegur – October 2022 | Responses and Options Paper
8 May 2024
Submissions
to remove poor-quality banknotes from circulation, including the Note Quality Reward Scheme (NQRS) (RBA 2022c, pp 12–13). ... for quality sorting under the NQRS to assist the industry to invest in new or upgraded equipment that is capable of quality
https://www.rba.gov.au/publications/submissions/payments-system/proposed-merger-armaguard-and-prosegur-submission-october-2022/index.html