· 2 min read

Tenders, Contracts and MOUs

Astrid Mitchell
Astrid Mitchell · Editor
Tenders, Contracts and MOUs
  • The Bank of Uganda has issued a bid notice for a proof of concept (PoC) for currency processing machines. The PoC will run for a period of up to a maximum of three months and aims to evaluate the capabilities, reliability, and operational performance of the machines in a live currency processing environment.

Currency processing is a core function of the Bank and is undertaken at its head offices

in line with internationally-accepted central bank management practices in order to ensure banknotes and coins in circulation are adequate in quantity, good in quality, and secure. Functions include currency issuance, sorting and authentication, counterfeit detection and handling, destruction of unfit currency, coin processing, packaging and storage, distribution, and quality.

The Bank is looking for low-, mid- and high-speed banknote counters and sorters, coin processing and wrapping machines, and coin crushing machines.

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