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This paper presents a new method for designing orthonormal wavelet filter banks using the Remez exchange algorithm. It is well known that orthonormal wavelet bases can be generated by paraunitary filter banks. Thus, synthesis of orthonormal wavelet bases can be reduced to the design of paraunitary filter banks. From the orthonormality and regularity of wavelets, we derive some conditions that must be satisfied for FIR paraunitary filter banks, and investigate the relationship between the filter coefficients and their zeros. According to the relationship, we apply the Remez exchange algorithm in the z-domain directly and formulate the design problem in the form of a linear problem. Therefore, we can easily get a set of filter coefficients by solving the linear equations. Optimal solutions with an arbitrary regularity can be obtained after using an iteration procedure. In the proposed method, the main advantage is that less computational complexity is required as compared with the conventional methods. © 1998 Scripta Technica. Electron Comm Jpn Pt 3, 81(6): 1–8, 1998 [ABSTRACT FROM AUTHOR]