Technology is a great thing. Every day there are new machines and other devices invented that make our lives easier and more time efficient. Take money counting machines, for example. We've all seen them in action in banks, but not everyone realizes that the technology built in to those big units can now be found in machines geared toward small businesses and even individuals.
Technology is a great thing. Every day there are new machines and other devices invented that make our lives easier and more time efficient. Takemoney counting machines, for example. We've all seen them in action in banks, but not everyone realizes that the technology built in to those big units can now be found in machines geared toward small businesses and even individuals. In fact, compact bill counting machines today are loaded with capabilities that only a few years ago were unavailable for banks or anyone else. One important capability of top-line machines is mixed denomination bill counting.
What is Mixed Denomination Bill Counting?
Single denomination bill counting machines are quite common, but they require the user to presort each denomination and have them counted separately.Mixed denomination bill counting machinesallow users to simply load a batch of bills into the machine regardless of denomination. The machine uses color image sensors (CIS) to scan each bill as it passes. The machine’s bill-recognition software then determines the denomination of each bill and tallies the totals, both number and amount, for each denomination in the batch. Bills that are not recognized as any of the proper denominations – for example, non-US currency when US currency is being counted – are sorted out and fed into a “reject” bin.
The same CIS bill-recognition technology that allows for mixed denomination bill counting also provides users with an effective method for weeding out counterfeit notes. Questionable bills are routed to the “reject” bin for further inspection. The CIS-bill recognition feature is typically used in combination with other counterfeit detection capabilities built into the machine, including ultraviolet (UV), magnetic (MAG), infra-red (IR), and other detection technologies.
Depending on the specific model, mixed denomination bill counting machines offer a wide range of additional features, such as:
Multi-National Currency Counting:Allows the user to count batches of mixed denomination bills from specific countries, such as the US, UK and Canada, for example.
Front/Back and Up/Down Sorting:Allows users to feed bills into the machine regardless of front/back or up/down orientation. The machine will read the orientation of the first bill in the batch and sort out all other bills not matching that orientation.
Reporting: Provides a variety of options for reporting counting results. Many machines also connect to computers and/or printers for storage and printing of reports.
Do these money counters check for counterfeit banknotes during counting?
Yes, they do. Depending on the model, they utilize a combination of UV, MG, and IR counterfeit detection technologies.