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Use Of Banknote Sorting Machine

Feb 13, 2021

1. The need for applicable standards

Paper currency is the country's business card, representing the country's image. To enhance the image of RMB and promote integration with international currencies


2. Meet the need for additional issuance of cash

Since the 1990s, China’s national economy has entered a stage of rapid development. With my country’s rapid economic development and frequent commercial activities, the circulation of currency has increased year by year. Therefore, the processing volume of issued banknotes and the processing of circulating banknotes The amount is increasing day by day, and the traditional manual cash counting and cash counter processing cash can not meet the needs of development.


3. The need for automated teller machine processing

Bank's business is not just traditional deposits and withdrawals. In order to strengthen competitiveness, new businesses are emerging one after another. With the rapid popularity of automated cash processing machines such as automatic teller machines, cash deposit machines, teller cash dispensers, and teller cash recycling cash dispensers, more banknotes in circulation are needed.


4. The need for anti-counterfeiting

Renminbi counterfeit banknotes are rampant, and cases of counterfeiting and trafficking are emerging one after another. In terms of bank anti-counterfeit currency, the banknote sorting machine assumes the last line of defense with its highest anti-counterfeiting technology.


5. The need for new business models

As the central treasury centralized clearing model is gradually adopted by commercial banks, the use of clearing machines will gradually expand. The advantages of centralized clearing are: macroscopically, it adapts to the needs of centralized and flat management reforms in the internal central vaults of financial institutions, making the central vault business a cash reserve center, a cash adjustment center, a cash transfer center, an hourly clearing center, and a flow The service center finally achieves the purpose of intensive operation of the currency business; at the micro level, it can reduce the cost of cash processing and improve the efficiency of the treasury. In this way, the treasury and sorting machine can maximize economic benefits, reduce treasury risks, and strengthen cash monitoring management.


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