SICPA supports Bank Indonesia through the Currency Academy Back to top
SICPA partner of the Currency Academy a collaborative program with Bank Indonesia

SICPA supports Bank Indonesia through the Currency Academy

End 2025, SICPA partnered with Bank Indonesia through the Currency Academy, delivering end‑to‑end expertise across the entire cash cycle in collaboration with other partners specialising in security technology and banknote printing. Delivered in collaboration with SICPA and its partners, the programme underscores Bank Indonesia’s commitment to safeguarding the integrity of the rupiah, ensuring its resilience, and preserving its cultural heritage in a rapidly evolving financial landscape, while enhancing social and economic stability.

Comprehensive Insights Across the Cash Cycle

The programme provided representatives from Bank Indonesia’s Currency Management Department with knowledge spanning the entire cash cycle from paper substrate production and security inks, to printing technology, cash circulation, and usage.

 

 Key topics included:

  • Paper and substrate technology innovations by Landqart.
  • Ink security technology and forensic analysis through SICPA workshops and laboratory visits.
  • Printing technology advancements with Koenig & Bauer Banknote Solutions.
  • Cash usage in modern economies.
     

Participants are also equipped with practical insights into how banknotes are produced and secured—including the rupiah, recognised as one of the world’s most secure banknotes. Its 2022 series was named “Best New Series” by the International Association of Currency Affairs (IACA).

Technology Adoption, Security, and Sustainability

Discussions focused on implementing secure cash systems, accelerating technological transformation, and promoting sustainability through R&D initiatives while exploring the future of cash and how advanced banknote security features, including security threads and cutting-edge printing technologies, will shape its role in future-oriented economies such as Indonesia.

« The Currency Academy strengthens our ability to safeguard the integrity of the rupiah by deepening our understanding of global cash trends, security technologies, and sustainable practices. This initiative reflects our commitment to innovation and collaboration, ensuring that Indonesia’s currency remains secure, trusted, and future-ready. » said Mr Muhammad Anwar Bashori, Executive Director, Head of Currency Management Department at Bank Indonesia
« We are proud to support Bank Indonesia through the Currency Academy, providing expertise across the full cash cycle from substrate and ink technologies to advanced security features. Our goal is to enable central banks to adopt cutting-edge solutions that enhance currency security, operational efficiency, and national sovereignty. » said David Burke, Regional Managing Director Asia Pacific Region at SICPA and President Director PT SICPA-Peruri Securink

About the Currency Academy

The Currency Academy is a collaborative programme between SICPA and Bank Indonesia, offering central banks advanced expertise in currency security and technology. Developed in collaboration with leading partners in security ink and banknote printing, the initiative delivers integrated knowledge across the entire cash cycle from paper substrate to circulation. It focuses on capacity building, technology transfer, and accelerating innovation through public-private collaboration, while promoting cost efficiency, sustainability, and positive economic and social impact.