Press Release PR9.NET
Home Submit Press Release Search Archives
Press Release
Advanced Search

Business Business
Associations, Trade
Business Services
Human Resources
Publishing & Printing
Marketing & Advertising
E-Commerce, Financial
Real Estate

Computers Computers
Entertainment Entertainment
Games Games
Health Health
Home Home
Science Science
Sports Sports
Society Society
Teens Teens
Press Release Category Business - Financial - ABC Office Release Date: March 24, 2008

Countering Counterfeiting – Money Counters With Counterfeit Detection From ABC Office

By ABC Office
March 24, 2008
Send SEND Print PRINT Download PDF Version PDF Contact ABC Office CONTACT

When a business receives a counterfeit bill, they have no legally binding way of being reimbursed, even if they received the bill from another company, banks being no exception. To thwart this annoyance, ABC Office announces a full line of money counters featuring counterfeit detection.

PR9.NET March 24, 2008 - Kaysville, UT - For most retailers, the only line of defense against counterfeiting is an adolescent clerk who holds the large bill up to the light, but has no idea what she is supposed to be looking for. Some however, have a secondary precaution of requiring managers to inspect the bills; managers who despite their post-adolescence, have no idea what they're supposed to be looking for.

Insurance providers do not compensate for counterfeit losses because the policy holder is responsible for regulating the currency that it willfully accepts. Even more alarming is the near certainty that businesses, banks included, that pass along counterfeit money will not assume liability for it.

The best way for a company to protect itself against "getting stuck with the [homemade] bill" is to use a money counter with counterfeit detection. Banks have them. When making a substantial withdrawal or cashing a sizeable check, insist that the teller use the counter rather than her fingers. Even if it seems petty, it's less of a hassle than attempting to recover counterfeit funds.

Also, every business should have a counting machine with the counterfeit detection feature to ensure that all the paper money that changes hands is money and not just paper. Depending on where it's purchased, companies can buy money counters for less than one of the most commonly falsified bills. It takes no more effort to check with a machine than with a manager and by doing so, the clerks and managers can stop pretending they know how to spot a fake. So in a way, buying a money counter prevents counterfeiting twice. Money Counters with counterfeit detection can be found here:

For more information, please contact David Stuart, Supervisor of Marketing, at 1-800-658-8788

# # #

Contact Information of ABC Office Contact Information of ABC Office
Phone 800-658-8788
FAX 801-927-3037
E-Mail E-mail Address Protected
Address P.O. Box 829
Kaysville, UT 84037

About ABC Office

ABC Office is a leading seller of office automation equipment and supplies. We sell office products such as paper shredders, binding machines, laminators, shrink wrappers, paper cutters, laminators, display racks, paper folders and more.

Recent News Headlines
More Press Releases
Industry Category of Current Press Release
    Copyright © 2004 - 2014 PR9.NET - All rights reserved RSS Feeds Submit Press Release Terms of Service Privacy Policy