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Which money counters do banks use?



Money counters are essential tools used by banks to efficiently and accurately count large volumes of money. These machines not only save time but also eliminate the risk of human error. With advancements in technology, money counters have become more sophisticated, offering various features such as counterfeit detection, sorting capabilities, and advanced counting algorithms. In this article, we will explore the different types of money counters that banks commonly use, highlighting their features and benefits.

Types of Money Counters Used by Banks

1. Banknote Counters

Banknote counters are the most basic and commonly used machines in the banking industry. They are designed to count bulk banknotes quickly and accurately. Banknote counters work on the principle of detecting the dimensions and magnetic patterns of banknotes to differentiate between genuine and counterfeit currency. These machines can process a large number of banknotes within minutes, making them ideal for high-volume cash handling.

Modern banknote counters come equipped with additional features such as UV (Ultraviolet) and MG (Magnetic) detection, which help identify fake banknotes by analyzing their security features. Some advanced models also offer infrared sensors to detect advanced counterfeits. Additionally, banknote counters often include batching and adding functions, allowing bank personnel to sort and organize cash efficiently.

One of the popular banknote counters used by banks is the Cassida 6600 UV/MG, known for its high-speed counting and counterfeit detection capabilities. This machine can count up to 1,400 banknotes per minute and includes a comprehensive counterfeit detection system. It also offers batch and add functions, making it a reliable choice for banks.

2. Coin Counting Machines

While banknote counters focus on processing paper currency, coin counting machines are specialized devices used to count and sort coins. Coins can be challenging to handle manually, as their sizes, denominations, and quantities vary significantly. Coin counting machines automate this process, saving banks significant time and effort.

Coin counting machines utilize a combination of size, weight, and electromagnetic signatures to differentiate between various coin denominations. These machines typically include a hopper for bulk coin input and use sensors and electrical signals to segregate denominations accurately. Additionally, many coin counting machines can also verify the authenticity of coins using advanced sensors.

One popular coin counting machine used by banks is the Royal Sovereign FS-2D, known for its high accuracy and ease of use. This machine can count up to 312 coins per minute and provides individual coin denomination totals and grand totals. It includes an auto-stop feature when coin bins are full, making it efficient and convenient for banks with large coin volumes.

3. Currency Discriminators

Currency discriminators are advanced money counting machines used by banks for high-speed counting and sorting of mixed bills. These machines can process a combination of different banknote denominations, accurately counting and sorting them while detecting counterfeit currency.

Unlike banknote counters that rely on physical dimensions, currency discriminators use optical sensors to capture detailed images of individual banknotes. These images are then analyzed using advanced algorithms to determine their denominations, authenticity, and conditions. Currency discriminators can process mixed stacks of banknotes, separating them based on their denominations and orientations.

The Glory GFB-800 is a commonly used currency discriminator in the banking industry. It offers high-speed counting and sorting, capable of processing up to 1,800 banknotes per minute. This machine uses advanced image processing technology for accurate denomination recognition and includes multiple counterfeit detection features, such as UV, MG, IR (Infrared), and MT (Magnetic Thread) sensors.

4. High Volume Banknote Counters

As banks deal with massive amounts of cash on a daily basis, high volume banknote counters are essential to ensure efficient and accurate cash handling. These machines are specifically designed to handle large volumes of banknotes quickly and reliably.

High volume banknote counters utilize advanced technologies such as hybrid sensors and multiple feeding mechanisms to maximize speed and accuracy. These machines are capable of counting up to 2,000 or more banknotes per minute, significantly reducing processing time. They also often include comprehensive counterfeit detection systems and advanced functionality, such as note orientation sorting.

One renowned high volume banknote counter used by banks is the Magner 150, known for its robust construction and high-performance capabilities. This machine offers a counting speed of up to 1,800 banknotes per minute and features advanced counterfeit detection using UV, MG, and IR sensors. It includes a large capacity hopper and stacker, enabling continuous and uninterrupted counting.

5. Intelligent Cash Deposit Machines

Intelligent cash deposit machines are self-service devices commonly found in banks and retail environments. These machines provide customers with the convenience of depositing cash directly into their bank accounts without the need for a teller. Money deposited into these machines goes through a series of automated processes, including counting, verification, and sorting.

Intelligent cash deposit machines use advanced banknote recognition technology to count and authenticate deposited currency. They employ various sensors and algorithms to identify banknote denominations, detect counterfeits, and ensure the deposited amount matches the customer's input. Once the cash is processed, it is immediately credited to the customer's account.

One widely used intelligent cash deposit machine is the Diebold Nixdorf CS 2020, known for its reliability and advanced features. This machine offers high-speed counting and verification of banknotes, along with comprehensive counterfeit detection technology. It includes a user-friendly interface and accepts a wide variety of banknote denominations, making it suitable for diverse customer needs.


Money counters play a crucial role in the banking industry, enabling efficient and accurate cash management. The different types of money counters used by banks, such as banknote counters, coin counting machines, currency discriminators, high volume banknote counters, and intelligent cash deposit machines, cater to various cash handling requirements. These machines offer features such as counterfeit detection, high-speed processing, and sorting capabilities, ensuring a streamlined and secure banking experience.

As technology continues to advance, money counters are likely to become even more sophisticated, providing enhanced features and functionalities. From accommodating new security features on banknotes to integrating with digital banking systems, the future of money counters promises greater efficiency and convenience for both banks and customers. With these advancements, the banking industry will continue to rely on money counters to handle cash securely and efficiently.


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