"Hey, Mindy! I have always wondered how the paper money in our wallets are made. I've watched an episode of How Stuff Works which showed how dollar bills are printed. Do we follow the same process? Thanks! -Justine"
Hi, Justine! Banknote printing is a complicated process that requires a sophisticated equipment that is only available to central banks of issuing countries
. In the Philippines
, the Bangko Sentral ng Pilipinas
(BSP) is the central monetary authority. After the conceptualization of the design, an artist draws a prototype banknote. After being approved, a master die is prepared from which printing plates are produced. Production involves the following steps: Litho printing
(sheets are printed simultaneously with multi-color or rainbow background prints); Intaglio printing
(engraved features are printed to produce tactile or embrossed effect); Sheet inspection
(to check for printing faults for security reasons); Numbering
(printing of serial numbers); Tenning
(every tenth sheet undergoes inspection for printing defects); and Finishing
(cutting into notes, counting, and packaging).