In collaboration with central banks GS1 supports the financial industry.
Similar to the supply chain of goods GS1 standards can be used for the cash flow.
GS1 in Europe Cash Handling working group is a group of European GS1 member organisations that during the last thirteen years have been working side by side with the main International Central Banks.
GS1 standards for the Cash industry
This video explains the benefits of using GS1 Standards for the identification of cash and EDI transactions
GS1 Standards for Cash Handling
Summary on how to use GS1 standards in the cash cycle.
How to implement the Despatch advice and the Receiving advice for Non-Conventional Lodgement.