RBA opens new ‘highly secure’ banknote vault
Australian central bank makes first investment in banknote storage and distribution in over a decade
The Reserve Bank of Australia has opened a new banknote distribution centre, built around a “very large vault”, which will be used to store its banknotes.
Speaking at the RBA’s annual board dinner, governor Philip Lowe said the new plant was an “important investment” for the region, and would help the central bank to manage the task of “issuing and storing banknotes for many years to come”.
“The new facility is built around a very large vault… it is highly secure. It also uses the latest
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