Money Counters 101: Tips for Purchasing a Money Counter |   We are often asked, what is the best money counter to buy? Money counters, also called banknote counters, bill counters, or currency counters, make dealing with large amounts of cash much easier and more efficient. But, with so many models available, their features and capabilities can get overwhelming. Not every money counter has the exact same features built into it as another. Some bill counters come with added counterfeit detection abilities, as well as money counting abilities. Some currency counters either ship with, or offer as an option, a remote second display, for use with customers, or a second person.
With all of this in mind, we have put together a guide to help understand some of the available features in money counters. Be sure to read the specs for the banknote counter you are interested in, to make sure that it has all of the features you require.
Most standard machines are made to work with bills of the same denomination (i.e. a stack of 20's, 10's, 5's, etc.). For machines that can count mixed bills (stack of different denominations), you will need to search for a "discriminating money counter." Keep in mind the price point on a money counting machine with this type of technology built into it is significantly higher that a standard money counting machine.
Most currency counters contain standard features such as:
- Count Mode: Counts the number of bills that have been sent through the machine.
- Add Mode: Adds the total number of bills, monetarily, that have been sent through the machine.
- Batch Mode: Allows the user to set the humber of bills to count, at which time it will stop, so they can be removed for wrapping or other purposes.
Some machines have counterfeit detection built into them. In such cases they are generally noted with either a UV, MG, or UVMG at the end of their product name.
- UV: Ultraviolet counterfeit detection built in.
- MG: Magnetic counterfeit detection built in.
- UVMG: Ultraviolet and magnetic counterfeit detection built in.
Keep in mind, no machine can pick up counterfeit bills 100% of the time, and no manufacturer makes that guarantee, however they are quite advanced in their ability to detection counterfeit bills. Most machines will stop, and make a loud noise, when a counterfeit is detected, so it can be removed from the stack.
When setting up a new money counter, try to remember a few simple rules:
- Place on a surface that is level and sturdy.
- Place in a properly ventilated area.
- Only use the type of power source indicated in your user's guide.
- Keep away from direct sunlight or chemicals.
- Avoid putting the machine in an extremely hot area.
- Avoid areas with extreme temperature changes.
- Do not install in a dusty area or where the machine is exposed to vibration.
- Keep liquids away from unit and unplug immediately if something should spill on it.
It's also a good idea to get a money counter dust cover for your new bill counting machine or counterfeit detector, when it is not in use, to keep components free from dust, dirt and debris.
Many manufacturer's include a maintenance kit with their machines and it is a good idea to maintain it on some sort of set schedule. Maintenance is generally quick and easy, and proer maintenance will extend the life of your unit.
Your Office Stop features money counters from top manufacturer's such as Cassida, Semacon, Royal Sovereign and AccuBanker.
Written By: Nora Kramer. İYour Office Stop, 2011.
This is original content that may not be reused without our express written permission.
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