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Bank of Israel conducts nationwide drill of currency system to prepare for an earthquake scenario
02 March 2021
Source: Bank of Israel
On February 22 and 23, the Bank of Israel Currency Department held a nationwide emergency drill involving all elements of the currency system that are connected with the supply of cash to the public during emergency and routine times.
These included the banking corporations, cash centers, secured couriers, private ATM companies, and the Postal Bank. The drill took place in conjunction with the Israel Police, the IDF Home Front Command, the Ministry of Communications, and the National Emergency Authority’s Interministerial Committee on Earthquakes. The drill, which included hundreds of participants from the various agencies, is part of an on-going multiyear emergency preparedness process at the Bank of Israel in general, and the Currency Department in particular.