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Equipment Manufacturers

The information on this page applies to two unique industries:


  1. Banknote Equipment Manufacturers (BEM) - companies that produce any type of equipment that handles banknotes for commercial purposes, which includes but is not limited to, point of sale, counting and sorting, transit systems, vending, gaming, and note validating and dispensing in commercial banking environments.
  2. Currency Reader Manufacturers (CRM) - companies that produce a product or service commercially available and designed for the purpose of denominating U.S. currency by an individual. 


The BEP intends to assist manufacturers in getting their devices ready to accept newly designed U.S. currency.  To prepare for system updates, the U.S. government issues samples of new notes in advance of the new notes being issued to the public. If your firm would like to receive sample notes, but your company is not currently an approved BEM or CRM, please review the application procedures that apply to your company by clicking on one of the options below:

 

  1. BEM application procedures
  2. CRM application procedures


In addition to new notes available through the BEP, counterfeit notes and genuine notes of varying degrees of fitness are available for testing purposes through the Federal Reserve Bank of Richmond's Currency Technology Office (CTO). For more information about this program, email the CTO at Rich.CTO.Engineering@rich.frb.org.


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