August 9, 2014
We normally tend to look at money and realize it came from hard work and good ol' sweat. What we do not realize is where it really came from and how it came to be. The business program students visited the Bangko Sentral ng Pilipinas to get to know more about our beloved Philippine currency. Just like any other artwork, the banknote's design will be conceptualized and approved. After having the prototype approved, a master die will be made from which printing plates are produced.
The production will take place around nine months; this is because it will take an overseas flight to printers and other processes. Printing money is different from printing your regular homework. Here are some of the processes that need to take place with our Philippine peso:
Litho Printing - Impressions are printed on rubber blanket cylinders which in turn will transfer the impression in to the paper/banknote.
Intaglio Printing - This will give the banknote its characteristics, like the embossed effect and the tactile. This is also one feature of the banknote to keep people making counterfeits and fake currencies. Some of the regular quality control measures are sheet inspection to get rid of irregularly printed sheets and numbering which will give the currency its own serial number. The final process is called finishing which involves cutting, counting, banding and packaging all the notes.
Here is a video and some pictures grabbed from the net since we can't bring our own cameras in for security reasons.