currexp.
Independent Advisor to Central Banks
about
me
Werner Reisch | currexp.
Area of
Expertise
With more than 30 years of experience at Germany’s leading currency technology company G+D, I have had the privilege of working in close partnership with Central Banks and industry stakeholders in Europe, Africa and the Middle East as well as in Asia. Throughout these years, I supported senior executives in making well-founded decisions across the entire lifecycle of banknotes and coins — always with a focus on security, efficiency, and sustainable long-term solutions.
My expertise covers both operational and strategic dimensions of currency management.
Value Proposition
Based on this experience, I have now started currexp, an independent consultancy dedicated to supporting Central Banks with clear, objective, and practice-driven advice. My goal is to help you make informed decisions and to contribute to the strength, security, and long-term effectiveness of your country's cash cycle.
I would welcome the opportunity to discuss how I can support your institution.
Expertise
Banknote Design
Developing attractive and well-balanced banknote designs and denomination structures is essential for a secure and efficient currency system. I help Central Banks in defining design concepts and denomination splits that can optimize attractiveness and usability as well as production efficiency, and long-term circulation performance.
Substrate and Feature Selection
Selecting the appropriate banknote substrate and defining effective security features are essential for ensuring durability, the utmost protection against counterfeiting, and a reliable machine readability throughout the circulation of the banknotes. I support you in developing concepts that best combine security, functionality and long-term cost efficiency.
Cost Efficiency
Defining the optimal boundary between banknotes and coins has significant implications for production costs, circulation efficiency, and public usability. I support Central Banks in evaluating these factors to establish denomination structures that can ensure a balanced, sustainable and userfriendly cash cycle.
Optimization
Optimizing circulation performance and machine readability is essential to ensure that banknotes function reliably throughout their lifecycle. I assist Central Banks in improving durability, processing efficiency, and compatibility of their banknotes with cash-handling machines across the entire cash cycle.
Guidance
Independent guidance and coaching can be helpful to ensure objective, well-founded and transparent decision-making in tender and procurement processes. I can be of assistance throughout all stages from preparing tender documentation to evaluating offers up to the selecting suppliers.
why
currexp.
Procurement Expertise
Managing procurement processes – from drafting tender documentation through evaluation, supplier selection, and contract finalization – requires not only technical competence, but also a clear understanding of long-term financial and operational implications. Hands-on experience across these phases is essential, and I have developed exactly this expertise throughout my career in the banknote industry.
Public Confidence in Cash
I have helped Central Banks strengthen public confidence in cash, improving both the acceptance of the currency and its effectiveness as a secure and trusted means of payment.
On Site Services
The following services can be provided on site:
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Market research
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Public Surveys
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Field studies
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Training programmes external/internal
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Coaching