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Useful Bank Equipment and Supply Terminology
Bank equipment and supplies are used in countless credit unions, banks, and financial institutes across the nation. This includes new and used teller equipment, cash boxes, deposit slips, and coin rolls. Individuals often acquire bank supplies and money-handling products for personal use as well. After all, electronic safes are useful in homes and commercial offices or retail stores also. Some of this equipment can be purchased refurbished, and much of it is available new through online distributors. Below are a few useful terms that might expand your knowledge of banking equipment and teller supplies.
Currency Counter – This is a machine or device that is used to count coins or sort bills. Often these machines either handle paper bills or coins. The money or currency is simply placed in the device, and is then counted, which eliminates manual counting.
Check Scanner – An electronic device that scans personal and company checks in order to validate them. The scanner reads the codes and numbers on the check, and lets the teller or worker know if it is okay. These scanners can be large tabletop devices or small handheld machines.
ATM – An automated teller machine that is commonly found outside of banks, as well as in other public buildings like shopping malls, restaurants, and near stores. These units allow people to withdraw money, deposit cash and checks, and transfer funds between financial accounts.
Night Deposit Bags – These are secure canvas bags that come with durable zippers and locks. They are used to hold cash, coins, checks, and documents. Many commercial businesses use these bags for night drops, after a store or business closes. This way the money made during the day is secure in the bank drop.
Bank equipment and supplies are used by major banks all over the country. This can include cash boxes, which are used to store bills and coins, alarm systems that help prevent theft and robberies, and money sorting machines. Professional tellers have been using this equipment for many years in order to handle daily cash deposits, withdrawals, and checks that are cashed by customers. At this point, there are countless banks all over the world that acquire bank supplies in bulk from major providers so they can get cheap or more affordable prices. Nowadays, there are plenty of supplies, equipment, and machines for banks to utilize. This can include simple deposit slips, money trays for cash drawers, pens for customers to write checks with, and coin rolls to handle loose change deposits. Armored truck drivers will commonly make use of money bags with handles, which are used for bringing cash and coins into the bank's safe or vault. These vaults are locked down electronically, and cannot be opened without a code or computer password. As you may be aware, some office stores and super-centers also carry bank equipment and supplies, which they acquire in order to sell to consumers. You may want to visit a local bank so you can obtain a greater knowledge of banking supplies, cash boxes, check cards, and other items a bank teller routinely uses each day. It is also easy enough to learn more about this equipment by speaking with major office supply store employees.