Things you need to know before buying a cash counter or counterfeit detection tool
Handling cash payments and money movement is very important for any business. Counterfeit currency detectors, and money counters, also known as currency handling products or currency counters, include bill counters, coin counters, and coin sorters. These money counters and counterfeit screening tools can help your business prevent counterfeit currency acceptance and expedite your money counting needs.
Low cost, high quality money counters make bill counting and coin counting easy and efficient. A simple, yet effective way for your business to keep more of its cash and improve operations. Incorporating effective money counting and counterfeit detection measures for your business is inexpensive, easy and possible for any size business.
Liquor stores, clubs, bars, casinos and other establishments where document verification is necessary, will find our document counterfeit detection equipment a life saver in preventing fake
documents from being used. Easy to use, inexpensive to implement and reliable to ensure compliance; SpySite’s document verification tools are a must that you business cannot afford to be with out.
Which Money Counter is Right for Me? – Help me choose
For businesses with less than 3 registers, we recommend a back loading unit like the AB1100Plus. If your business has over 3 registers you will need a front loading unit such as the AB4000.
With our visual inspection counterfeit detectors the user will determine whether the bill is counterfeit or not by looking for the security features. This type of detector is best for users who know exactly what to look for. With our automatic detectors, the user will feed the bill into the machine and audio and visual warning will alert you of a counterfeit bill.
For retail businesses, both small and large, it is best to check for suspicious bills at the point of sale. By having an automatic counterfeit detector at the register it will allow you to check the bills before they are accepted, reducing losses for your business. You can then have a bill counter in the back office for quick and easy counting.
I received counterfeit money, now what?
Do not hand back suspect note to whomever gave it to you.
Collect as much information from the person bearing the suspected counterfeit money
Contact the authorities. You can call your local police department or the United States Secret Service field office.
Avoid handling the bill. To help ensure fingerprints, and other forensic evidence place the suspect counterfeit bill or banknote in an envelope or plastic bag. Make note of who handled the note at your business, when are any other information to accurately record information available to you.
When you hand-in a suspect counterfeit note, you will need to complete the Homeland security counterfeit note report.
Give suspected note to the authorities – make sure to ask and confirm proper identification.
What to Look For when Inspecting Suspect Bills?
Look at the Security Thread
The security thread is an embedded plastic strip that runs vertically from top to bottom on both sides of a bill. You will find this feature in all US dollars except $1 and $2 bills.
When held to light or inspected with a light source you will see the words USA and the matching denomination of the bill. $10 and $20 bills have the denomination spelled and all others have the numeric marking.
The security thread also contains UV features that can be seen when inspected under a UV light.
$5 bills glow blue, $10 bills glow orange, $20 bills glow green, $50 bills glow yellow and $100 should glow pink. If the strip stays white, it is likely a counterfeit bill.
Inspect Color-shifting Ink
Color-shifting ink is a feature that makes the ink look as if it has changed color when the bill is tilted.
This rather awesome feature can be found on $100, $50, and $20 bill series 1996 and later. Also on $10 bills series 1999 or later.
$5 and smaller bills don’t have this feature yet. Some bills will change from green to black and others from copper to green.
Be sure to also inspect for bleeding ink. Real money has clear and unbroken outside borders. The portraits should be crisp and will contain very fine detailing. These portraits also tend to stand out from the background.
Feel the bill. Real bills are made from cotton and linen fibers not paper!