When it comes to prioritizing new banking supplies for your branch, counterfeit money detectors from a reputable banking security company are critical. As a bank manager or member of the leadership team, the last thing you want to do is create a bad reputation at your branch–something that can bleed into the brand’s identity.

Ensuring you have reliable, high-quality banking supplies is an important part of the operational efficiency of your banking operations, from counting cash and coins from customers to transporting cash and other high-value assets between branches or to high-security vaults. In this blog, we’ll review why banking supplies like tamper-evident cash bags can improve your operational efficiency and prevent cash theft.

When handling cash, coins and checks, it is essential that you protect these assets from tampering throughout the transit process. While cash in transit companies first used heavyweight canvas bags to store cash and other currency, these bags do not have security features to indicate tampering or attempted theft.  This means that anyone could take cash out of a deposit bag and no one would know unless they manually counted out the contents of the bag. According to Statistic Brain, employee theft costs U.S. businesses $50 billion per year, which includes losses from cash skimming. 

In today’s increasingly unpredictable world, you need to do whatever you can to keep your money safe, especially when transferring it to and from banking institutions. Knowing how to choose the best security bank products helps ensure that transactions are safe and your money is secured at all times.

Tamper-evident cash bags are specifically designed to protect the integrity of the bag’s contents and alert you if someone has attempted to take anything from the bag. Unlike traditional zipper money bags, locking security bags or canvas bank bags, today’s tamper-evident bags have many security features to indicate if a bag has been opened or compromised in any way, either by a thief of opportunity or a professional.

Every bank needs several essential items to secure their cash and provide their customers with excellent service. Here is a list of the most important bank supplies you need to keep your cash operations efficient and organized.

Thanks to bar code technology, we can track cash packages and log data faster than ever before. But how exactly do security bar codes work?

Tamper-evident technology has existed since ancient times, beginning with wax, clay or metal seals used to show if a letter had been opened since it was written. Today, tamper-evident security labels are a cost-effective way to deter theft and show unmistakable visual signs of tampering.

Though real money comes with various security features to prove its authenticity, one of the most reliable methods to tell if a bill is real or fake is with counterfeit detection tools. Counterfeit money pens are an affordable and simple way to check if a banknote is authentic, and since it is small and easy to store, employees who work front of house, like cashiers, can use them without slowing down business.

An ATM, or an automated teller machine, is a common fixture of our everyday lives now. Instead of being limited to a single bank location where you have a checking account, today you can access your funds from an ATM on the other side of the country. It’s a quick and convenient way for us to withdraw cash when we need it, but how exactly do ATM transactions work?