The GS1 System of Standards supports the ability to track and trace cash. For example, Global Location Numbers (GLNs) can be created by licensing a GS1 Company Prefix or they can be licensed individually. They identify physical locations (such as banks, ATMs, and vaults) and legal entities. Additionally, the Serial Shipping Container Code (SSCC) is an industry standard used by various institutions to identify cash bags in a standardized way.
In fact, the Cash Visibility Subcommittee and the members of the Cash Advisory Council, which includes both local and national banks and major armored carriers, have committed to collaborate toward full adoption of GS1 Standards for Cash Visibility. Read their joint statement here.
