Multiple currency processing solutions support Canada’s polymer bills.
Beyond getting used to the look and feel of the new money, retail, banking and gaming establishments across Canada have needed currency processing equipment with the ability to efficiently and effectively separate and process the cotton and polymer bills.
Part of the suppliers committee for the Bank of Canada and leading innovator and provider of coin and currency handling solutions, Cummins Allison, made sure its equipment was ready to accept polymer currency to ensure customers would experience no processing hiccups.
Multiple equipment options for polymer cash processing
For organizations that are ready to replace equipment, the newest JetScan iFX® i100, i200 and i400 currency scanner machines can count, denominate and image up to 1,200 bills per minute– 20 percent faster than any other equipment available today. In addition, the JetScan iFX models have advanced counterfeit detection sensors, including infra-red technology. Available in 1, 2 and up to 17 pocket models, these compact, easy-to-use machines are quickly gaining traction in cash-intensive organizations. For financial institutions that are required to separate paper from polymer, our solutions have the ability to separate the two different substrates with ease.
Customers can also rely on the Cummins Allison JetScan®MPS 4100 and MPS 4200 multi-pocket currency sorters for polymer money processing. The JetScan MPS multi-pocket sorters are fully-integrated currency handling machines designed to simultaneously scan, denominate, authenticate, count, sort, face and strap currency quickly and efficiently. These high performance machines are used in cash room and vault operations nationwide.
Additionally, customers that have existing Cummins Allison equipment can easily upgrade their solution in order to begin accepting polymer money and extend the life of existing equipment.
The makeup of the new cash is plastic, which creates a significant amount of static as they go through the counting process in these type of machines, and the drier the climate, the more the static issue becomes. Under these conditions, the polymer bills have a greater tendency to stick together – potentially creating count errors. In addition, as the money goes through the machines to the stacker or cassettes, the static creates a situation where the polymer bills may literally “float” in the air and therefore, not settle properly.
To combat this issue, Cummins Allison has installed in its currency counting equipment anti-static stacker wheels, brushes and shock resistant components to help dissipate the static that may be generated by the polymer money. Cummins Allison also suggests to customers that a count room be kept at an average of 50-70 percent relative humidity. The combination of better humidity control and the insertion of the anti-static technology has resolved these static issues.
As the Canadian currency changes, Cummins Allison is able to adapt our currency processing solutions to grow right along with it. It’s imperative that your processing equipment is future ready; that doesn’t necessarily mean you have to invest in a new piece of equipment. Customers can turn to Cummins Allison and our breadth of currency processing solutions that are upgradeable, maintain high speeds and offer the most advanced counterfeiting detection features.