CURRENCY COUNTING MACHINE

by arun rajiah on December 1, 2008

A currency-counting machine is an electronic machine which counts lots of money, usually notes but also sometime it counts coins too. Some machines will batch the money and even it will detect the bills which are imitations. Now in advance they introduced modern Automated teller machines, which will allow for cash deposits without envelopes. A group of bills are placed in a section of the machine, and then one bill at the time is pass through the machine.

By counting the number of times a bill is passed by a light the machine will give the count of money in the section. They are widely used in bank and other financial institution for a trouble free and quick service. These machines are being used for the accuracy in counting notes and saving the time and a quick service. The magnetic sensors are provided for detection of the magnetic ink mark on notes. Error signal feature is provided in case of error due to obstruction of top or bottom sensor or improper alignment of bank notes, the counter flash error signal.

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