JCM Global Achieves Recognition from Bank of England

JCM Global has announced that several of its banknote handling devices have successfully passed the rigorous testing conducted by the Bank of England (BoE). The devices that passed include:

UBA-Pro
UBA-Pro-RTQ
MRX
iVIZION
EBA-40

These devices will be listed on the BoE website for a further year starting at the beginning of June. Detailed information about the tests and the devices can be found on the BoE website.

The BoE's test is comprehensive, consisting of two main parts. Firstly, it evaluates whether genuine banknotes are accurately accepted by the devices. Secondly, it tests the devices' ability to reject counterfeit banknotes, including those inserted in all four possible orientations. In addition to counterfeits commonly found in the market, the BoE also uses specially prepared Machine Artificial Counterfeits (MAC notes), which must not be accepted by the devices. The testing criteria have been further tightened as of early 2024, making this achievement even more significant.

Moreover, the devices have been tested with banknotes and counterfeit money from other UK banks such as the Bank of Ireland and the Bank of Scotland. Impressively, our devices are already equipped to recognize the new ‘King Charles’ banknotes, even though these are not yet part of the official test.

This accomplishment underscores JCM Global’s commitment to providing high-quality, reliable banknote handling solutions. Our continued success in passing these stringent tests reflects our dedication to excellence and our proactive approach to evolving market requirements.

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8 June 2024

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