A large amount of cash is transacted every day in business and commerce or any financial institution. Counting, accounting for and safely storing this huge amount of money is quite a time-consuming and troublesome task. If you are a little careless, the calculation can be wrong. Money or note binding machines have been created to make this difficult task easier.

What used to take hours to do once, can now be done perfectly in a few minutes with the help of a machine. If you are a businessman, cashier or an officer of a financial institution, then this machine can make your work much easier.

You can learn more about what a money binding machine is, how it works, how much it costs and what benefits it offers here

What is a Taka Note Binding Machine in BD?

A  note binding machine is an electronic device that automatically binds a certain number of notes (usually 100) with a paper strap or ribbon to create a bundle. It is slightly different from a money counting machine. The money counting machine only counts the notes, while the binding machine binds the notes neatly and neatly.
However, in many modern note binding machines, both counting and binding can be done at the same time. The use of this machine is essential in banks, money exchanges, large super shops, corporate offices and wherever large amounts of cash are transacted. It not only speeds up the work, but also ensures the safety of the money.

Using of Note Binding Machine

Making bundles of money by hand is a very tedious and time-consuming task. But if you have a note binding machine, you will get many benefits. Some of its main benefits are discussed below.

Saves Valuable Time

A binding machine can make many bundles of notes in 1 minute. Where it takes a few minutes for a human to make a bundle of 100 notes, a machine does this work in just a few seconds. This saves valuable time and allows you to focus on other important tasks.

Almost Zero Chance of Error

When working manually, there is a possibility of making mistakes. There is a risk of having too many or too few notes when counting or bundling notes. But a machine creates a bundle of a precisely specified number of notes. As a result, there is no chance of making a mistake in the calculation.

Security Increases

Bundling money with a binding machine is much more secure. Since it is tightly tied with paper straps, there is no fear of losing or falling out of the money easily. In addition, since the amount of money in each bundle is fixed, it is much easier to reconcile.

Can Work Professionally

Bundles made by machines look much more beautiful, neat and professional than bundles made by hand. This also helps increase customer confidence in your organization. Tidy bundles make money management easier.

Types of Note Binding Machines

Depending on the type of work and features, there are different types of money binding machines available in the market. They can be mainly divided into two categories.

Semi Automatic Taka Note Binding Machine in Bangladesh

In this type of machine, you have to place the bundle of notes in a specific place. Then the machine will automatically bind it with paper straps. These machines are small in size and somewhat cheaper in price. These machines are very suitable for small or medium-sized businesses. The price of semi-automatic money note binding machines in Bangladesh is relatively low.

Full Automatic Taka Note Binding Machines in Bangladesh

These machines are very advanced in technology. Here, if the notes are placed in a specific place, the machine automatically counts them and when the specified amount is reached, it automatically binds them and makes a bundle and takes them out. These machines are used in banks, large financial institutions or where a lot of money is transacted. Their price is higher than semi-automatic machines. Although the price of full-automatic money note binding machines in Bangladesh is a bit higher, the work benefits are greater.

Things to Know Before Buying a Note Binding Machine

It is important to keep some things in mind before buying a good note binding machine. You can follow the points discussed below to choose the right machine according to your needs.

Binding Speed

If your organization needs to work very fast, then decide to buy the machine by looking at the binding speed. That is, check how many bundles the machine can make per minute.

Machine Size and Weight

Choose the size of the machine according to how much space you have to keep it in your office or shop. If you need an easily portable or portable machine, it is better to buy a small-sized machine.

Note Type

Find out whether the machine can bind only new notes, or can bind all types of old and new notes. A good quality machine can usually bind all types of notes easily.

User Friendly

The operating system of the machine should not be too complicated. It is wise to buy a machine that is easy to use, so that anyone can operate it.

Brand and Warranty

Before buying any electronic device, you should know about its brand and warranty. By buying a machine from a good brand, you can be assured of its quality and get good after-sales service.

Note Binding Machine Price in Bangladesh

Note binding machine price in Bangladesh starts from BDT 14,500. You can buy it from Eagle Trade BD at wholesale price in Bangladesh at low cost.