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 Replies: 9 / Views: 1,573 |
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Pillar of the Community
United States
812 Posts |
When I get cash from my credit union, I usually get circulated currency, but sometimes I get crisp new bills. Whenever I do, the new bills have black ink stains in the same place on the edge. It's as if the stack of new currency were getting a thick black stripe marked on the edge of the brick of bills with a magic marker. Is my credit union doing this, or is this done earlier in the distribution process? Is this common, or am I just unlucky? I've been noticing this for several months now.
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Pillar of the Community
United States
2269 Posts |
I see the same thing on my currency, every time I take money out of the ATM. Its not just the local ATM at my bank, I receive these all over.
Maybe the banks do this to keep track or count the stacks of money they receive from the Federal Reserve.
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Valued Member
United States
206 Posts |
I'm pretty sure that they use different colors on the bills in straps of 100. This is becuase they can not have the paper money strap in the ATM so they use colors to be able to do a quick count to see how much money is in there. I'm not entire sure but I think this is what my bank teller told me.
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Member
United States
3242 Posts |
this was found inside a bu fed wrapped 100-ones Image Insert: olny one in the pack like it  |
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Valued Member
United States
280 Posts |
The mark on the edge is common. Cartridges for ATM's have huge stacks of currency in them. It is common to write relevant information directly on the edge of the bills such as quality control markings. I have two $20 bills with missing first printing, but with this same mark on the edge. Sucks because they would otherwise be pristine.
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Bedrock of the Community
United States
14454 Posts |
amac44, what are we looking for on you bill in the picture?
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Member
United States
3242 Posts |
stain on new 1.00 dollar bill
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Valued Member
United States
206 Posts |
I see the stain on the $1 bill and I don't know what happened there. I thought that you were talking about the colored markings on the side of the bill.
Did that came directly from a $100 strap or do you just think it looks as if it did?
Ben
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Member
United States
1154 Posts |
it looks just like a discoloration. Nothing special there
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Valued Member
United States
270 Posts |
I finally got my teller supervisor to stop marking the bills.
What happens is that there is a large amount of cash in an ATM and it does have to be counted and balanced at least weekly. What a lot of banks do is for each strap of 20's and 10's they take a marker and put the line on the top of all the bills so that they can see where each strap starts and stops. There are other ways to keep track of these straps in the canisters but the easiest and fastest way to tell is by the marks on them.
It use to just kill me every time I would have to watch this process be done on nice new currency, but at least I got it to stop at my bank.
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Replies: 9 / Views: 1,573 |
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Posted 09/23/2007 10:11 pm
