The right to recirculate banknotes that have been checked for authenticityThe condition that a security element of a banknote or security document is genuine. More and sorted for fitness by banks and cash-in-transit companies. The right is normally based on rigorous rules established by the central bank. See also RecirculationThe right to recirculate banknotes that have been checked for authenticity and sorted for fitness by banks and cash-in-transit companies. The right is normally based on rigorous rules established by the central bank. More.