Banks are working to secure payment transactions

The central banks working to secure payment transactions with cash, they are charged with making notes, and in some countries - and the minting of coins. Central banks sell cash to commercial banks, usually at par, and in some countries with a small commission. Under current law and the bill "On the National Bank of Ukraine" exclusive right to issue hryvnia and the coin, the organization of their treatment and retirement belong to the National Bank of Ukraine. Hryvnia (notes and coins) is the sole legal tender in the territory of our state. Production of the national currency is carried out on production capacity, Banknote Mint of the National Bank of Ukraine, using advanced technologies and modern equipment. National Bank claims the design of national money, set their values ​​and billing features, determine the list of security features against forgery of money, regulate the structure of cash in circulation by denomination, meets the needs of the economy in cash, is developing requirements for the quality of cash, the cash controls shall retire worn, damaged banknotes and coins defective, engaged in their disposal. The National Bank as the country's central bank regulates cash turnover in non-banking system and banking institutions, is developing rules for storage, transportation and collection of cash. Topic: A PRACTICAL ANALYSIS OF MONETARY ISSUE