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Currency counting is all done by machine. Sure I guess a teller has to load the machine and push the button, but it takes seconds to count huge numbers of bills
by rolenthedeep 4y ago
Currency counting is all done by machine. Sure I guess a teller has to load the machine and push the button, but it takes seconds to count huge numbers of bills.
- dermesser 4y agoSomeone has to bring the cash from the business to the machine, put it in, take it away from there again, and bring fresh cash to the store. That's not free at all.
- rolenthedeep 4y agoNone of that is handled by the bank apart from counting the currency and processing the deposit, which is part of a bank employee's normal duties and is covered under their hourly wage. Depending on the type of business, cash drops are handled directly by employees on company time, or else handled by a cash transport service such as Brinks.