The Lender of Korea designates banknote and coin sequence in a novel way. In place of putting Those people of similar design and challenge dates in the identical collection, it assigns series selection X on the Xth style of the offered denomination.
Once the new banknotes and coins are minted, These are bundled or rolled and shipped to your headquarters from the Lender of Korea. When delivered, They can be deposited In the financial institution's vault, all set to be distributed to business banks when asked for.
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The Lender of Korea is the only real establishment in South Korea with the ideal to print banknotes and mint cash. The banknotes and cash are printed within the KOMSCO, a governing administration-owned Company, underneath the steerage of your Lender of Korea.
New one hundred,000 gained notes had been also announced, but their release was afterwards cancelled mainly because of the controversy around the banknote's prepared impression, that includes the Daedongyeojido map, and never including the disputed Dokdo islands.