Understanding the cash cycle

The Cash Efficiency Working Group (CEWG) has created a brief public information paper aiming to provide a high-level description of the cash cycle, as well as some observations on trends and tendencies, drivers for cash usage, and related challenges. 

The high-level description is partly inspired by the information provided by the European Central Bank (ECB).  It must be noted that this paper addresses banknotes only and not the handling of coins.
 

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