Countering Counterfeiting – Money Counters With Counterfeit Detection From ABC Office
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: http://www.abcoffice.com/money1.htm?pr.
For more information, please contact David Stuart, Supervisor of Marketing, at 1-800-658-8788
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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.
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