Shop MMF Industries® Currency Bands
(4 Products)Why Should You Shop for Cash Straps?
Money bands allow you to keep an accurate count of dollar bills. They are designed to identify capacity values at a glance. Once you are familiar with the values associated with each color, it’s relatively simple to quickly count stacks of currency stored in home or business safes. Cash straps are made of sturdy kraft paper, which prevents accidental rips and tears, while the adhesive ends keep each strap secure around your cash.
What Are the Main Features of Currency Straps?
The following are some of the most common features of currency straps.
Money Bands Are Versatile
The most common use of cash straps is to prepare collected currency for making bank deposits, especially in retail settings, but they can be used for many other purposes. When using currency straps for bank deposits, each bill in the bundle must be of the same denomination. However, you can use these sturdy, 50-pound paper money straps to organize your cash savings, even with mixed denomination bundles. Consider adding a cash counter machine to your office equipment to streamline the process even more.
Money Bands Are Easy to Use
Currency straps are pre-printed with the value associated with each color. The bands are cut to the correct length to securely hold a stack of 100 bills. These 1.25-inch wide cash straps are designed with pressure-sensitive, self-adhesive glue that seals without needing to moisten it, which makes them simple and neat to use. In addition to money bands, consider purchasing coin counting tubes to make counting and storing money even more fast and efficient.
Money Bands Meet Federal Reserve and ABA Standards
According to the Federal Reserve Board (FRB), a “strap” is a bundle of 100 bills of the same denomination, although bundles of one-dollar bills may also hold $25 or $50. Cash straps hold the bundles together, and the colored stripes on the bands make it simple to quickly determine how much money is in a bank deposit or cash drawer. These currency straps are made from white paper, which helps ensure that images of information on the bands are captured clearly. The colored stripes and pre-printed capacities of these money straps correspond to the American Bankers Association requirements:
- Black = $25
- Orange = $50
- Blue = $100
- Red = $500
- Yellow = $1,000
- Violet = $2,000
- Brown = $5,000
- Mustard = $10,000