You may already be familiar with the benefits a money counter can provide to your business. These may include: saved time, increased efficiency and/or productivity, and reduced losses due to human error. But have you considered the benefits of upgrading to a currency counter that is capable of detecting counterfeit bills as well?
For businesses and organizations that accept large amounts of cash on a daily basis, counterfeit currency should be a legitimate concern. It is easier to pass a fake bill at a supermarket or retail outlet because cashiers see bills all day and may become lax in their attempts to ward off wrong-doers. With the help of counterfeit detection tools, counterfeit bills can be detected quickly to rid your organization of potential problems or losses due to the use of counterfeit bills.
For instance, you may currently own the AccuBanker AB1100 bill counter. This machine is capable of counting 1200 bills per minute which can save your business time and money. However, if the batch of bills you are counting contains counterfeit bills, how will you know? There is no way you would know, but upgrading your machine to a counter/counterfeit detector can help greatly reduce losses. Adopting the use of counterfeit pens and counting bills with machines equipped with counterfeit detection will decrease the chance of fake bills passing through your system.
You may be skeptical, no one would use counterfeit currency in your establishment, right? Sadly, this is not the case. In fact, upwards of $40 million in fake bills can be circulated throughout the U.S. each year and the problem is much worse over seas. On average, Secret Service officers in Los Angeles seize around $100,000 in counterfeit currency every week.
Government officials insist the best way to detect counterfeit bills is still ‘look and feel’. Real U.S. currency has a certain texture and look that can’t be faked by most inkjet printers. However, using counterfeit detection practices and machines makes passing fake bills in your business less enticing to potential counterfeiters.
Counterfeit detection machines, can use either UV detection or magnetic detection technology, or sometimes both, to detect fake bills before they are circulated. Consider upgrading your counter to a machine with counterfeit detection capabilities (check out the Industria MX-2000) or adding a counterfeit detector to your operation. Detection machines like the AccuBanker D200 can be easily incorporated into everyday transactions for use when a cashier or teller is suspicious about a particular bill.
Finding a fake bill after a transaction is great, however, consumers or businesses who accept fake bills are not entitled to reimbursement once the currency is discovered to be counterfeit. Also, keep in mind that who attempt to pass counterfeit bills to avoid a loss are considered felonious. Always report suspicious currency to your local authorities so the proper action can be taken. Remember, the potential hassle and loss can be eliminated with simple preventative action and the proper investment in counterfeit detection tools!
