Specifically, Circular 02/2014/TT-NHNN stipulates:
- "Defective banknote paper" refers to banknote paper that does not meet the technical requirements of the State Bank of Vietnam, specifically:
a) The paper is defective during the supplier's production, packaging, and transportation processes, such as not meeting specifications (in terms of size, quality, etc.), being damp, sticky, torn, or having missing corners;
b) Paper damaged during storage, such as having labels damaged due to high humidity, getting wet, or being torn, no longer meeting the technical standards for printing;
c) Paper damaged during printing due to equipment malfunction or machine operation errors, such as tearing, getting tangled in rollers, crushing, or getting dirty;
d) Damaged printed paper is discarded at various stages of production due to failure to meet technical standards;
d) The banknote paper is damaged due to other reasons.
Illustration photo: VnEconomy.
During the currency production process, defective banknote paper refers to sheets of paper that do not meet quality standards and are discarded before being issued into the market. Defective banknote paper comes in various types, depending on the cause of the failure. Below are some common types of defective banknote paper.
Firstly, defective banknote paper can be due to the quality of the paper itself. Currency is printed on special, highly durable paper containing security features. If the paper does not meet standards for durability, thickness, or has stains or scratches, the paper will be discarded.
Secondly, printing errors are also a common cause of damaged banknotes. During the printing process, mistakes can occur such as misalignment, uneven colors, or missing security features. These errors render the banknotes substandard and unusable.
Thirdly, defective banknote paper can be due to technical errors during the manufacturing process. These errors include uneven paper cutting, chipped edges, or the paper being folded or wrinkled during production. These technical errors also render the paper unfit for circulation.
Finally, defective banknotes also include those with security flaws. Currency typically contains security features such as security strips, watermarks, and embossed details to prevent counterfeiting. If these security features are not fully printed or are incorrect, the banknote will be discarded.
In general, defective banknotes encompass a variety of errors, ranging from paper quality and printing processes to finishing and security features. Strict quality control during currency production ensures that only the highest-quality banknotes are released into the market. Substandard banknotes are discarded and destroyed to maintain the safety and security of the financial system.
Source: https://vtcnews.vn/giay-in-tien-hong-gom-nhung-loai-nao-ar904538.html
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