Money counting machines are now used by all banks, but other businesses that deal with lots of cash are also catching up. Currency counters expedite the money counting process, in addition to preventing losses that may otherwise result from counterfeit bills and human error. There are many different types of money counters, including currency counters and coin sorters.

Many people who want to buy a money counting machine are curious as to how they can use the apparatus. The good news is that a majority of the cash counters are easy to operate. You don’t need to get specialized training to operate a money counter.

How to Use a Money Counting Machine

To operate a money counting machine, first place a stack of banknotes in the hopper. The machine will then automatically pull the notes individually behind a separator. Depending on the type of counter, the device will then tally the notes by using an analog or electronic sensor. The sensor records the number of bills that have been tallied.

Most modern cash counting machines quickly scan the unsorted banknotes, noting the denominations as the device processes the stack. And some money counters even let you inspect and remove counterfeit notes, thanks to the use of magnetic and scanning technologies. These machines stop counting the bills when they detect a fake bill, allowing you to remove the suspected note.

After cycling the stack, the cash machine will show you a digital number on a small screen, denoting the total number of bills in the stack. This number does not include any counterfeit notes that the machine may have encountered. If you are using a sophisticated tool like a mixed money counter, it can even compute the total of bills of different denominations.

Features of Money Counting Machines

There are various types of money counting machines, ranging from the handiest and straightforward to the technologically most sophisticated ones. The primary and basic feature of all modern bill counters is the light that you see under the bill, besides the sensors placed on the top. These features are responsible for counting the notes. Based on what technology is used, your money counter may count a thousand notes per minute or a few hundred.

Advanced currency counting machines come with extra features. The distinguishing features of a modern cash counter include mixed value denomination processing, counterfeit bill detection, and batch creation. Depending on your business needs and budget, you can either choose a basic or a more sophisticated currency counter.

Using a Coin Sorter

Coin sorters sort and calculate the value of different coins based on the size of each coin. Operating a coin sorter is so simple. Put the coins into the machine, and each coin will pass through a certain sized hole custom created for it.

For example, the machine has different sized holes for dime, penny, nickel, and quarter. The dime will drop through its dedicated hole first, whereas the quarter will wait to find its place. The machine will then pass the coins through their respective counters to come up with the final count.

Some sophisticated coin sorters make calculations based on the weight of each coin. Other modern sorters use technologies like light-beam to make calculations. Every time the coin interrupts the light, the counter detects the coin and comes up with a tally.

No matter what currency counter type and brand you choose, they are sure to save you time, reduce error, and reduce losses resulting from fake currencies.