Ever since the first fully electronic money counter machines came out in 1980, businesses, banks, governments alike have reaped its many benefits. The amount of time and resources alone saved by currency counter machines is enormous. Before these machines were invented, bills and coins had to, for the most part, be counted by hand. Depending on the amount, it could take several people and two or three attempts before the money could be accurately accounted for, and even then the risk of human error was always a factor. Currency sorting machines have changed all that.

In addition to processing bills and coins, these machines are also capable of processing cheques! Modern-day scanners can accept and process cheques that are deposited to them. They are already a common feature in many ATM machines. Now bank customers can deposit their checks without having to step foot inside a bank.

Currency sorter machines are also quite useful for an overlooked yet critical aspect of any money counting project: identifying counterfeit currency. Counterfeit bills, coins, and cheques have been a serious problem banks and businesses have had to face ever since…well, when money was created! The electronic scanners can detect counterfeits with more speed and accuracy than their human counterparts.

The feature that appeals to banking and business professionals the most is that these machines are 100% accurate. Human error is obviously reduced to zero as the machine can guarantee perfect accuracy. This comes as a relief to many businessmen and women out there who up until the advent of these machines had to cross their fingers that a mistake wasn’t made. Now, money can be counted and organized with full confidence and without fuss.

What do you think about money counter machines? Do you or anyone you know have experience using one? Feel free to leave a comment or question below.