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SPMCIL consists of two currency printing presses: the Currency Note Press (CNP) in Nashik and the Bank Note Press (BNP) in Dewas. New production lines are also set up in Mysore and Salboni. The two units are engaged in the production of banknotes for India as well as a few foreign countries including Iraq, Nepal, Sri Lanka, Myanmar and Bhutan ...
Korea Minting and Security Printing Corporation (KOMSCO) 1951 Government of South Korea [1] Spain: Fábrica Nacional de Moneda y Timbre (FNMT) 1893 (1940) Ministry of Economy [1] Sri Lanka: De La Rue Lanka Currency & Security Print (Pvt.) Ltd. 1986 (1987) Government of Sri Lanka [Note 9] [6] Sudan: Sudan Currency Printing Press (SCPP) 1994
A unit of Indian Currency Printing of Security Printing and Minting Corporation of India Limited (SPMCIL) is situated in Dewas. Also known as Bank Note Press Dewas (BNP). It is an industrial unit of SPMCIL, established in the year 1974 is wholly owned by Government of India, Ministry of Finance and Department of Economic Affairs.
The Bureau of Engraving and Printing (BEP) is a government agency within the United States Department of the Treasury that designs and produces a variety of security products for the United States government, most notable of which is Federal Reserve Notes (paper money) for the Federal Reserve, the nation's central bank.
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The currency strap is 25 to 40 mm wide and is printed with processing data. As strapping requires some time two alternating stackers ( tandem operation) are assigned to one sorting category. Pre-packaging of bundles with 5 or 10 output packages for a unit of 500 or 1,000 banknotes, optionally with a label printed with processing data
Currency collectors may be willing to pay up to $150,000 if you have two $1 dollar bills with the same printing error, according to Wealthynickel.com.
Banknote printing facilities are located in Beijing, Shanghai, Chengdu, Xi'an, Shijiazhuang, and Nanchang. The state-owned company, headquartered in Beijing's Xicheng District is the world's largest money printer by volume. With more than 18,000 employees, it runs more than 10 highly secure facilities for the production of banknotes and coins. [2]