Currency_inspection_validation Currency Inspection Validation

: Microscan Currency Inspection Validation currency_inspection_validation industrysolutions

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©2009 Microscan Systems, Inc. 07/09

Product Line Card

Financial Industry

Application Case Study

Problem: 

Chinese Federal Banking System scraps printed currency

and has forgery loss rates of approximately 260,000 tons

per year

Project: 

Implement an automated vision recognition system to

improve forgery capture and reduce scrap loss during

printing and receiving veri cation

Solution: 

Visionscape® GigE Solution with NERLITE® Lighting

Result: 

Automated inspections eliminated human errors and

dramatically reduced scrap and loss rates

The Chinese Federal Banking System uses a system of 1

printing location, 14 distribution centers, 30 treasuries, 365

central banks, 3,600 commercial banks and 2,000 local

banks. At each transfer (print to distribution or treasury

to central), bank note bundles are inspected for correct

markings, value validation and forgery.

These inspections are currently done through a manual

process and lead to losses estimated at $8 to $12 billion,

or 260,000 tons. The scrap and opportunity cost of the

losses are approximately $2,000/ton.

THE BOTTOM LINE

Using Microscan’s Visionscape® inspection system, the

banking system has recovered approximately 20% of

the losses. Based on a 7-year ROI, the return on the

implementation of the automated vision inspection is

conservatively over $300 million.

Currency Inspection and Validation

Vision Support:

visionsupport@microscan.com

NERLITE Support:

nerlitesupport@microscan.com

www.microscan.com

Product Information:

info@microscan.com

Auto ID Support:

helpdesk@microscan.com