Monitoring activities

At the Test Center of the Oesterreichische Nationalbank (OeNB), we carry out monitoring activities at regular intervals. These checks involve carrying out on-site inspections to test the functionality of the banknote handling machines in use and to verify the procedures governing banknote handling (i.e. on the premises of those who are legally defined as cash handlers).

These activities are carried out in accordance with Article 79 paragraph 1 of the Federal Act on the Oesterreichische Nationalbank 1984 in conjunction with Article 10 paragraph 1 of the Decision of the European Central Bank ECB/2010/14 as amended. Accordingly, the OeNB Test Center carries out both announced and unannounced on-site inspections throughout Austria at regular intervals.