Counting money takes time, and time is money, especially when you have more important things to attend to.
While counting a dozen banknotes every once in a while doesn’t take much effort, things get complicated when you’re dealing with money daily, and even more so when it comes to detecting fake money and telling it apart from the real thing. That’s where money counters come in.
As trusted partners with over 12 years of experience in the field, we’ll unravel the mysteries of these machines to you and see just how reliable they are.
How do money counters work?
A lot of technology goes into cash counters to simplify an often tedious yet mission-critical task; however, using them is as simple as putting money into the hopper (the compartment that holds money), after which an internal light beam passes through banknotes and counts the total light interruptions, which in turn represents the total number of notes.
On the other hand, some machines determine the denomination of each banknote by color image sensors (CIS) which detect the value and size of each note, with some models even removing grime and dirt automatically to recognize a banknote, allowing you to place a variety of bills at once instead of sorting them first.
The speed at which these machines count is also another important factor to take into account, as relying on a currency counter machine allows you to count hundreds of bills per minute accurately.
How do money counters detect fake money?
While it may appear odd to see a money counter outside of a bank – which is where they’re most commonly seen, there’s a reason why they’re always trusted by financial institutions: their use as fake money detectors.
Depending on the type of cash counter, a range of counterfeit detection technologies that are certified by central banks are used to count and filter out fake banknotes. These can range from ultraviolet (UV), magnetic (MG), magnetic thread (MT) and infrared (IR) detection, where every banknote is scanned within split seconds for unique symbols, fluorescent symbols, and brightening agents that are invisible to the naked human eye. This allows for error-free detection, to which the machine will stop at the fake banknote and set it aside until the remainder of the placed money is counted and sorted through, or depending on the model, it’ll stop and alert you of the detected counterfeit banknote until it is removed to resume counting the rest.
On top of these methods, some models such as the Kisan Newton-V detect money bent from the corner, as well as currency that is ripped, since banks do not accept torn notes.
In conclusion, money counting machines aren’t just limited to their namesake, but instead, form a cornerstone for individuals and establishments to rely on for their currency needs. Check out the one that suits your needs today and benefit from Alrawda Office Trading Est. – Finloyd’s full coverage and delivery across Saudi Arabia.
Top Money Counting Machines in Saudi Arabia: