The IBDAWorld Banknote ProjectInternational Banknote Designer Initiative

The World Banknote Project (WBP) is an IBDA-driven initiative

in partnership with the world’s banknote designer community.

Our role is to facilitate the free and creative expression of bank-

note designer’s vision of what the future banknote will look like.

Oscar Wilde once wrote; 'to define is to limit'. For this reason we

will not impose the current range of technical limitations or para-

metres on the WBP participants since their mission is to present

to us their vision of the future, not today and in the future, we do

not know what technical possibilities will exist.

Banknote industry actors are fully aware of the massive change

taking place on the global payments landscape and the WBP

initiative has been developed to proactively encourage banknote

designers to embrace this change and think 'out-of-the-box'

when imagining what their future will look like.

We are experiencing a fundamental transition in the use of cash

across the world as part of an emerging multi-payment economy.

The payments landscape will continue to include cash as a pay-

ments tool but all actors need to modernise how cash is used.

This will not only involve central banks, commercial banks, cash

processing service providers. It will ultimately put a whole new

set of requirements on all of us and the design of a banknote

will be a critical factor that determines the position occupies by

cash in this emerging global multi-payment economy.

Never before has banknote design had such an important role

to play in defining the position occupied by cash in this new

multi-payment economy. This must be everyone’s highest prior-

ity and to survive and succeed in this new payments landscape

we must put aside our competitive tendencies and learn to work

together in a way we have never done before. Our collective

challenge is to ensure that cash continues to be demanded by

all users and the WBP has been developed to allow designers

express how they believe they can contribute to this.

Who Will Be Interested in the WBP?

The WBP will be of interest to the following groups:

DesignersThe WBP is an opportunity for banknotes to showcase their

own knowledge, experience and design skills. This is a truly

unique opportunity for a banknote designer to present their very

own interpretation of what the banknote of the future will look

like. In the absence of any customer deadlines, requirements,

limitations or technical parametres, the designer is free to think

out-of-the-box and present their vision of what a banknote

should look like and explain why. The WBP provides the platform

for designer expression and allows them to tell their story to the

world.

Central BankersThe international Central Bank Community will enjoy a fresh

and provocative perspective on what banknote design can look

like if designers are afforded greater liberty and scope to explore

their imagination and push specifications beyond what is possible

today. It is only by pushing beyond todays limitations that we

can continue to evolve and get better. The WBP is intended to

act as a showcase for the international banknote community to

see and appreciate how much more can be achieved in the

domain of banknote design if we are not limited by what is

simply possible today, and if we focus more on what may be

possible tomorrow.

PrintersBanknote printers around the world convert and add value to the

designs developed by the designer community and are frequently

bound by the same limitations and restrictions as the designer.

Budgets, delivery dates, waste margins and efficiency levels are

the active barometers by which the printer’s performance is

measured. The WBP goes beyond the traditional definitions of

performance and focuses actively on design content, giving print-

ers a glimpse of what is inside the designers head and an idea of

what types of banknotes they may be printing in the future.

Technology DevelopersTechnology developers simply cannot afford to ignore the WBP.

This initiative opens a window into the mind of the designer and

allows you to align R&D activity to what the designer wants and

needs to create tomorrows banknotes. While many of the designs

presented in the WBP may be surreal or considered simply too

daring, the WBP will provide precious insight into which direction

designers see evolution in substrates and features going and

how they need to be supported. Technology developers may

also actively work with designers on a WBP design to showcase

how their substrates/technologies can be exploited to bring im-

proved functionality and value to the banknote design.

The World Banknote Project - What is it?

To date all IBDA activity (and that of other industry organisations,

conferences etc.) has been to present what has been achieved

and what the current state of play is. The WBP will project us all

into the future and allow us to catch a glimpse of what the bank-

note of the future may look like.

In essence the WBP is a platform to facilitate designers to pro-

duce their very own concept banknote design and for the first

time ever (for most designers) produce a banknote design and

concept that captures their wealth of experience, knowledge,

passion and dreams for the future.

The WBP - Why Are We Doing it?

The WBP – Symbolism, Thematic and Guidelines?

Nobody really knows what the future banknote will look like. For

this exact reason our mission is to afford the WBP Designer the

maximum level of freedom and latitude in developing their WBP

design. WBP Designers should try to incorporate imagery, sym-

bolism and their interpretation of a specific theme or 'storyboard'

in their WBP design. This will allow them to tell their story and

apply context and logic to why and how their design was elab-

orated in a certain direction. While no caveats or recommendations

will be imposed on the selection of a theme or 'storyboard', the

WBP Designer should be able to link the design with a specific

story (fictional or real).

Your WBP design may be a real, virtual or hybrid banknote fea-

turing all or none of the current banknote security technologies.

It may be 2 dimensional, 3 dimensional or even 4 dimensional. It

is up to you to decide what the future world of banknotes will

look like. WBP Designers are free to decide on the format, pres-

ence or absence of the following key conceptual components

in their WBP design:

› Numeral/Denomination

› Unit/Name of Currency

› Portrait /other central symbols

› Banknote orientation

› Banknote dimensions

› Banknote colour scheme

› Substrate type/content/colour

› Feature type/content/configuration

However, it is recommended that the WBP Designer includes a

representative selection of the following elements in their WBP

design, depending on the context, or actual/ fictional cash cycle

landscape they envisage their banknote designs circulating in:

› Level 1 Features

(or features/technologies that communicate with people)

› Level 2 Features

(or features/technologies that communicate with machines)

› Level 3 Features

(or features/technologies that communicate with final stage

re-cycling/forensic analysis activity)

The rest is entirely up to the WBP Designer and we sincerely

hope they will amaze us with their creations.

The genesis of a WBP design should be inspired and drive by

the collective global culture and preferences of banknote users

(human and machines) in much the same way as current bank-

note design activity is inspired by singular national cultures.

We aim to launch the World Banknote Project at the 4th IBDC, in

Paris France from 12-15 September 2016. All IBDA Members

will be invited to participate in the World Banknote Project

providing they meet the simple criteria mentioned below (Who

Can Participate?).

Upon registration for the World Banknote Project, participants

will receive a WBP Starter pack containing all relevant information

pertaining to this unique initiative.

Participants will be required to sign a ‘Commitment to Complete

Work’ and a legal disclaimer, allowing the IBDA to publish and

reproduce their designs for illustration purposes.

Once these two documents have been received by the IBDA, the

registration process is complete and valid and the participant is

accepted as a World Banknote Project Designer.

The WBP - How Are We Doing it?

Milestone N° Date Action

1 12 – 15 September 2016 Registration for WBP at 4th IBDC

2 19 Sept. – 23 Oct. 2016 On-line Registration for WBP

3 30 October Final date for Return of signed WBP documents to IBDA

4 30 November 2016 Final date for confirmation of WBP designer registration by IBDA

5 01 March 2017 Update by WBP Designer to IBDA (summary of 300 words + some Work-in-Progress

images)

6 01 April 2017 Create WBP Pages at www.worldbanknoteproject.com including WBP Designer

profiles, artwork and progressive iterations of each WBP Designers ‘World Banknote’.

7 30 April 2017 Go live with www.worldbanknoteproject.com posting and message servive, allowing

all WBP Designers and IBDA Members visualise read and leave messages, critiques

and observations.

8 01 May 2017 Invitation to WBP Designers to expose and present their work during the 5th IBDC via

the WBP exhibition or a direct conference presentation

9 01 September 2017 Final date for confirmation by WBP Designer to make a presentation or expose

his/her work at the 5th IBDC.

10 01 September 2017 Half-way update by WBP Designer to IBDA (summary of 300 words + some Work-in-

Progress images)

11 30 December 2018 Completion of WBP Questionnaire by WBP 10Designers & submission of WBP

Designer Biography and portrait photo in .jpeg format (min. 300dpi)

12 01 February 2018 Update by WBP Designer to IBDA (summary of 300 words + some Work-in-

Progress images)

13 30 June 2018 Final date for receipt of WBP designs in digital format by IBDA

14 30 July Production of all WBP exhibition materials and design prints by IBDA

15 10 August Production of WBP Commemorative Book

16 09 September 2018 Opening of 5th IBDC WBP exhibition and conference. Most conference presentations

will be conducted by WBP Designers

17 10 September 2018 Awards to WBP Designers

18 11 September 2018 Selection of WBP designs for realisation, banknotisation and printing.

19 12 September 2018 WBP Commemorative Book available for purchase

20 October 2018 - June 2020 WBP travelling exhibition available for rental

The World Banknote Project Designer will then be required to respect the following milestones and plan:

The WBP - Who Can Participate?

Be an IBDA Member

Be capable of realising at least one banknote design according

to the project plan above

Be capable of committing to the schedule of work required for

the WBP and signing the legal document of commitment ac-

cordingly

Be in agreement to authorise the IBDA to reproduce your WBP

design for the purposes of the creation of a WBP commemo-

rative book

World Banknote Project participants can also post updates, ex-

change information and artwork/images via this website and

you can track project and specific design progress and evolution

via the site.

All validated WBP Designers will receive a www.worldbank-

noteproject.com email address allowing them exchange such

information privately and discretely from the workplace or home

without the need to divulge their professional or personal mail

addresses and/or details.

The WBP - How Can You Participate?

Application to become a WBP Designer is simple and fast. You

can either complete the application form on the back of this

brochure and send it to the IBDA (by email scan of fax) or alter-

natively complete and send the on-line WBP application form

available at www.worldbanknoteproject.com

Please note that all WBP Designers must provide files to the

IBDA containing their designs in a .pdf file format no later than

30 June 2018.

The World Banknote Project is intended to be a milestone initia-

tive within our industry and it is hoped that the results of the

project will stimulate and catalyse our industry to think differently

about the whole subject of banknote design. In order to give

maximum visibility to World Banknote Designs a wide scope of

events and communication media are planned in 2018 including

the following:

Central Theme for 5th IBDC

› Your opportunity to tell your story via conference presenta-

tion

WBP Exhibition during 5th IBDC

› Your opportunity to present your design and explain

WBP Creative Lab

› A Chance for all WBP Designers to meet and open a dialogue

and discussion on the future of design

Social Media and Update Postings

› A platform provided by the IBDA for WBP Designers to share

ideas, knowledge and solicit support from other designers

and/or technology developers in an effort to improve regular

contact between designers and design partners around the

world.

What will the WBP Output Be?

Any IBDA Member who has a demonstrated capacity to create

a banknote design and use the appropriate design software tools

may apply to participate in the WBP. Our goal is not to preclude

interested parties who may not realise banknote designs on a

day-to-day basis but to promote diversity, different perspec-

tives, styles and interpretations of what a banknote will look like

in the future. Our objective is not to score or determine which is

the 'best' design. It is to simply facilitate a process which in it’s

own right will generate a tremendous level of energy, creative

thinking and provide food for thought for those with an interest

in banknote design. We also wish to move the spotlight back to

the designers who actually create the designs and let them tell

their stories, explain their thought processes and defend their

design content and choices. In summary, the WBP is an initiative

designed to stimulate interest in and a different way of thinking

about the way banknotes are conceptualised and created.

The absolute credential necessary to apply to become a WBP Designer are as follows:

The IBDA will assemble a WBP Feedback Group who will support

WBP designers at any stage during their activity. The role of this

group of experts is to provide the WBP designer with objective

and constructive comments and criticism as his/her design

evolves.

This WBP Feedback group will be composed of recognised ex-

perts from the following fields:

Banknote Design

Banknote Issuing

Banknote Automation

Banknote Research & Development

Cash Cycle Management

Forensic Ananlysis

Who Will Give Feedback on Your WBP Design?

Spread the word. Like all milestone initiatives a certain amount

of ‘buzz’ or inertia is required to get the ball going and generate

interest. You can help us by:

Telling your colleagues and management about the WBP and

distributing hard/digital cpies of the WBP brochure accordingly.

Telling other designers you may know about the WBP and ac-

tively encouraging them to participate.

If a member of your organisation has already decided to be-

come a WBP Designer, you can encourage and support him/her

in his endeavours to develop a WBP design.

Encourage your WBP Designer to make a presentation based

on his/her WBP design at the 5th IBDC.

If you are the employer of a WBP Designer, you could allow

him/her a certain number of hours per week/month to work

on his/her WBP design.

Check for regular updates at www.worldbanknoteproject.com.

Write postings and comments on the WBP blog and help

WBP Designers by answering their questions and/or requests

for support at www.worldbanknoteproject.com

Reserve one or more WBP Commemorative Books for your

organisation.

To help you help us we have prepared the following World Bank-

note Project media that you can easily download from www.world-

banknoteproject.com and distribute to your colleagues and

contacts within our community:

WBP Logos

WBP Information Packs

List of WBP Designers

Preview of WBP Commemorative Book

Updates and comments from WBP Designers

How Can You Support the WBP Without Becoming aWBP Designer?

Commemorative Publication

› Reaching out to the wider banknote community to stimulate

and provoke thought

Presentations at other conferences

› Creating exposure and reach for WBP designers and their

work

Banknotisation & printing of certain designs

› Demonstrating that the dream can become a reality and how

Creation of IBDA Working Groups

› Following up on your dreams and vision to make it all possi-

ble in the future

Financial contribution to IBDA

The 5th IBDC will be entirely dedicated to the WBP with presen-

tations, workshops, panel discussions and a dedicated exhibition

on this theme.

PLEASE FAX BACK TO INTERNATIONAL BANKNOTE DESIGNERS ASSOCIATION on:+ 41 21 784 27 68 or send scanned .pdf file to info@ibd-association.com

Full Name:

Organisation:

Title:

Email Address:

Postal Address Street, Area:

City Postcode:

Country:

Signature:

Date:

Please tick the boxes where indicated and complete the registration form with your full details.

� I wish to participate in the IBDA World Banknote Project.

My details are as follows:

The IBDAWorld Banknote Project

Expression of Interest Form

Voie du Chariot 31003 Lausanne I Switzerland

Phone: +41 21 784 27 67Fax: +41 21 784 27 68

info@ibd-association.comwww.ibd-association.com