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Currency Packaging
Currency packaging includes several forms of packing cash for easy handling and counting. Many systems use standard Color code, color-coding or are marked to indicate the amount in the package. Currency straps Currency strap, Currency straps, also known as currency bands or bill straps, are a type of fastener used to secure discrete numbers of bills. Typically, currency bands have attached ends, so that bills are "curled" and slipped into the band, whereas currency straps have adhesive on the ends to secure them around the bills after wrapping. Straps can be applied manually, or automatically by a Currency-counting machine. Currency vacuum packaging Generated bundles are packed together in groups of 10 (1000 banknotes) and vacuumized. A cliche print containing bank and branch details is applied to the plastic package seal. Vacuum packing is the most reliable and effective way of storing currency, which is protected against tarnishing, e.g. from moisture and dirt. Vacuum-packed ...
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Federal Reserve Bank Bag
Federal or foederal (archaic) may refer to: Politics General *Federal monarchy, a federation of monarchies *Federation, or ''Federal state'' (federal system), a type of government characterized by both a central (federal) government and states or regional governments that are partially self-governing; a union of states *Federal republic, a federation which is a republic *Federalism, a political philosophy *Federalist, a political belief or member of a political grouping *Federalization, implementation of federalism Particular governments *Government of Argentina *Government of Australia *Federal government of Brazil *Government of Canada *Cabinet of Germany *Federal government of Iraq *Government of India *Federal government of Mexico *Federal government of Nigeria *Government of Pakistan *Government of the Philippines *Government of Russia *Government of South Africa *Federal government of the United States **United States federal law **United States federal courts *Federal gover ...
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Cable Tie
A cable tie (also known as a hose tie, panduit, tie wrap, wire tie, zap-straps, or zip tie) is a type of fastener for holding items together, primarily electrical cables and wires. Because of their low cost, ease of use, and binding strength, cable ties are ubiquitous, finding use in a wide range of other applications. Cable ties were first manufactured by Thomas & Betts under the brand name . The common cable tie, normally made of nylon, has a flexible tape section with teeth that engage with a pawl in the head to form a ratchet so that as the free end of the tape section is pulled the cable tie tightens and does not come undone. When the mouthpiece is inserted through the grooves and pulled tight, it creates a secure, adjustable loop, which locks in place like a knot. Some ties include a tab that can be depressed to release the ratchet so that the tie can be loosened or removed, and possibly reused. Stainless steel versions, some coated with a rugged plastic, have been develo ...
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Money Containers
Money is any item or verifiable record that is generally accepted as payment for goods and services and repayment of debts, such as taxes, in a particular country or socio-economic context. The primary functions which distinguish money are: medium of exchange, a unit of account, a store of value and sometimes, a standard of deferred payment. Money was historically an emergent market phenomenon that possessed intrinsic value as a commodity; nearly all contemporary money systems are based on unbacked fiat money without use value. Its value is consequently derived by social convention, having been declared by a government or regulatory entity to be legal tender; that is, it must be accepted as a form of payment within the boundaries of the country, for "all debts, public and private", in the case of the United States dollar. The money supply of a country comprises all currency in circulation (banknotes and coins currently issued) and, depending on the particular definition us ...
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Currency
A currency is a standardization of money in any form, in use or circulation as a medium of exchange, for example banknotes and coins. A more general definition is that a currency is a ''system of money'' in common use within a specific environment over time, especially for people in a nation state. Under this definition, the British Pound sterling (£), euros (€), Japanese yen (¥), and U.S. dollars (US$) are examples of (government-issued) fiat currencies. Currencies may act as stores of value and be traded between nations in foreign exchange markets, which determine the relative values of the different currencies. Currencies in this sense are either chosen by users or decreed by governments, and each type has limited boundaries of acceptance; i.e., legal tender laws may require a particular unit of account for payments to government agencies. Other definitions of the term ''currency'' appear in the respective synonymous articles: banknote, coin, and money. Th ...
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Banking
A bank is a financial institution that accepts Deposit account, deposits from the public and creates a demand deposit while simultaneously making loans. Lending activities can be directly performed by the bank or indirectly through capital markets. As banks play an important role in financial stability and the economy of a country, most jurisdictions exercise a high degree of Bank regulation, regulation over banks. Most countries have institutionalized a system known as fractional-reserve banking, under which banks hold liquid assets equal to only a portion of their current liabilities. In addition to other regulations intended to ensure accounting liquidity, liquidity, banks are generally subject to minimum capital requirements based on an international set of capital standards, the Basel Accords. Banking in its modern sense evolved in the fourteenth century in the prosperous cities of Renaissance Italy but, in many ways, functioned as a continuation of ideas and concepts o ...
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Euro Starter Kits
Euro starter kits are packs of euro coins of all the eight denominations sealed in a plastic sachet. The kits' purpose was primarily to familiarise citizens of a nation joining the eurozone with their new currency. A further objective is to provide coins for retailers' cash registers well in advance of their respective €-Day. Usually, these kits are available from local banks some weeks before euro changeover. Mainly there are two types of starter packs: business starter kits and those for the general public. The difference lies in the number of coins per pack. Business kits are intended for retailers. Therefore, they contain approximately 100 euro or more in coins, usually packed in rolls, whereas mini-starter kits are intended for the general public and usually have a small number of coins. Andorra The Andorran government put in place a system of distribution of the starter kits so that the country's residents would gain priority over non-resident buyers. Austria The Aus ...
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Cash-in-transit
Cash-in-transit (CIT) or cash/valuables-in-transit (CVIT) is the physical transfer of banknotes, coins, credit cards and items of value from one location to another. The locations include cash centers and bank branches, ATM points, bureaux de change, large retailers and other premises holding large amounts of cash, such as ticket vending machines and parking meters. Many cash-in-transit companies are private security companies that offer cash handling as part of their services. Loomis (company), Loomis, following its split from Securitas (Swedish security company), Securitas, and Shields Business Solutions, a private equity backed company, are the only major CIT businesses fully dedicated to cash handling. Brink's spun off its Brink's#Home security, home security division, likewise placing its focus on cash handling. By law, the CIT companies are seen as logistics companies in the private security industry and therefore have to comply with transport and security legislation. In ...
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Dye Pack
An intelligent banknote neutralisation system (IBNS) is a security system, that is used by banks, ATMs, retail establishments, vending machines and the cash-in-transit industry, to render stolen funds un-useable and easily identifable. Dye packs are inserted between bills in random bundles. If a bundle containing a dye pack is removed from a specified area (i.e. taken out of bank doors), it explodes, releasing an indelible ink dye and possible array of additional chemicals. The conspicuous bright color (usually red) stains on the bills, allow quick easy visual recognition of stolen money. Tracers and markers can also be added to the ink or bonding agent providing forensic evidence linking the criminal to the crime. Bonding agents (i.e. glues) have been used more recently. Stained bills cannot be brought back into circulation easily, because they are visually and/or forensically linked quickly to the crime scene. Restricted procedures are globally in place in case of an attempt t ...
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Coin Wrapper
A coin wrapper, also known as a bank roll or simply a roll, is a paper or plastic container designed to hold a specific number of coins. During 19th century, newly minted coins were collected in cloth bags. Initially, coin wrapping was a manual process. Since the onset of the 20th century, coin wrapping machines have been in use. The earliest patent for a coin wrapping machine was in 1901. By 1910, automatic coin counting machines were in use, which could reject counterfeit coins, wrap coins, and crimp the coin wrapper ends. History In the 19th century coins were collected in cloth bags after they were struck at the mint. Initially coin wrapping was done by hand. In 1913 the Federal Reserve bank was created. After the creation of the Federal Reserve, bags of coins were sent to the individual reserve banks. Each branch then put the coins into paper wrappers with tightly sealed ends. These rolls were called "Original Bank-Wrapped Rolls" (OBW). When other banks wrapped the coins they ...
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2010-06-28 James Madison 25USD Coin Roll
1 (one, unit, unity) is a number, numeral, and glyph. It is the first and smallest positive integer of the infinite sequence of natural numbers. This fundamental property has led to its unique uses in other fields, ranging from science to sports, where it commonly denotes the first, leading, or top thing in a group. 1 is the unit of counting or measurement, a determiner for singular nouns, and a gender-neutral pronoun. Historically, the representation of 1 evolved from ancient Sumerian and Babylonian symbols to the modern Arabic numeral. In mathematics, 1 is the multiplicative identity, meaning that any number multiplied by 1 equals the same number. 1 is by convention not considered a prime number. In digital technology, 1 represents the "on" state in binary code, the foundation of computing. Philosophically, 1 symbolizes the ultimate reality or source of existence in various traditions. In mathematics The number 1 is the first natural number after 0. Each natural number, ...
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Money Bag
A money bag (or money sack) is a bag normally used to hold and transport coins and banknotes, often closed with a drawstring.Fallen money bag sparks Ohio cash grab
, 25 March 2010 (retrieved 10 January 2012)
When transported between banks and other institutions, money bags are usually moved in armored cars or money trains. It is a type of currency packaging. Money bags are often portrayed i ...
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Coin Set (AM 658626)
A coin set, or mint set, is a collection of uncirculated or proof coins, released by a mint. Such sets are usually released annually and often called a year set. They include sets of all the circulating coins of that year, as well as sets of commemorative coins. Mint sets The Royal Mint, Royal Australian Mint, Royal Canadian Mint, United States Mint and others mints all release sets of proof and uncirculated coins each year. Occasionally the coins for annual mint sets are struck with special coin dies. For example, the Danmarks Nationalbank issues a coin set each year with coins that are "much more clearly embossed than the ordinary coins in circulation." Early coin sets were issued in paper or cardboard folders which often led to toning, due to the sulphur content of the card. Coin collector sets The Numismatic Guaranty Company allows coin collectors to build coin sets with graded coins. Collectors post images on their web site. Many collectors collect coins which fill a c ...
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