Earlier this year the Reserve Bank of New Zealand selected the designs for the next series of New Zealand banknotes, and published them in November. This article takes the reader through the process of designing the next banknote series, including the often intricate challenges of ensuring that those banknotes meet a variety of aesthetic, cultural and functional requirements. To best achieve the design goals, the Reserve Bank uses an open tender process. The tenders for the design and the printing were won by the Canadian Banknote Company Ltd. (CBN).