Malawi picks G+D for currency processing contract
German-based firm already provides processing services to the Federal Reserve
The Reserve Bank of Malawi signed a contract with payment services firm Geisecke + Devrient to provide a currency processing system.
In a statement, the central bank said the contract was worth €4.1 million ($5 million). There is a grace period of 14 days for “interested parties” to object or query the contract.
The contract was authorised by the central bank’s Internal Procurement and Disposal Committee. In March, the central bank was forced to re-tender the supply of ICT equipment after
Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.
To access these options, along with all other subscription benefits, please contact info@centralbanking.com or view our subscription options here: http://subscriptions.centralbanking.com/subscribe
You are currently unable to print this content. Please contact info@centralbanking.com to find out more.
You are currently unable to copy this content. Please contact info@centralbanking.com to find out more.
Copyright Infopro Digital Limited. All rights reserved.
As outlined in our terms and conditions, https://www.infopro-digital.com/terms-and-conditions/subscriptions/ (point 2.4), printing is limited to a single copy.
If you would like to purchase additional rights please email info@centralbanking.com
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. As outlined in our terms and conditions, https://www.infopro-digital.com/terms-and-conditions/subscriptions/ (clause 2.4), an Authorised User may only make one copy of the materials for their own personal use. You must also comply with the restrictions in clause 2.5.
If you would like to purchase additional rights please email info@centralbanking.com