The first automatic currency counting machines were first introduced in
the 1920s by the Federal Bill Counter Company of Washington, D.C.,
USA. These machines were designed to enhance the efficiency of
employees in the Federal Reserve Bank and to decrease mistakes. The
counter would stop once a programmed batch of bills was counted
allowing the cashier or teller to place a wooden block to separate
different batches from each other.
In 1962, newer technology developed for banknote counting machines were introduced by Tokyo Calculating Machine Works of Shinagawa, Tokyo, Japan. With its exponential increase in speed and accuracy, it quickly replaced older models and began to dominate the market. view more http://www.accuranetwork.com/categories/Currency-Counters
In 1962, newer technology developed for banknote counting machines were introduced by Tokyo Calculating Machine Works of Shinagawa, Tokyo, Japan. With its exponential increase in speed and accuracy, it quickly replaced older models and began to dominate the market. view more http://www.accuranetwork.com/categories/Currency-Counters

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