The Financial institution of Korea designates banknote and coin sequence in a singular way. As an alternative to Placing People of comparable layout and situation dates in precisely the same sequence, it assigns sequence quantity X towards the Xth style of the specified denomination.
Once the new banknotes and cash are minted, They can be bundled or rolled and delivered towards the headquarters of the Lender of Korea. When sent, They may be deposited inside the bank's vault, all set to be dispersed to industrial banks when asked for.
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The Bank of Korea is the one establishment in South Korea with the right to print banknotes and mint coins. The banknotes and cash are printed within the KOMSCO, a authorities-owned corporation, beneath the steerage from the Financial institution of Korea.
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