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Pocket cash operations5/20/2023 ![]() ![]() Intelligent jam clearing: Guides a user through the quick and easy process of clearing the jam, reconciling the count with minimal steps and resuming operation.Dynamic sorting: Reassigns empty pockets to a denomination on-the-fly and as needed, resulting in fewer switches of process modes and fewer stops from pocket-full conditions.Patented sensors and analytic software analyze each bill, catching counterfeits that others miss. Counterfeit Detection: The most advanced counterfeit money detection in the industry.Flexible system configuration: Configure from a 3- to 17-pocket system in a vertical or horizontal orientation to accommodate your space or operating requirements.Assignable off-sort pockets: Designate one or two off-sort pockets to collect rejected or suspect documents.LED indicators provide status information for each pocket. Configurable sorting pockets: Easily configure pockets for any denomination, and all pockets can be fully utilized for sorting or strap preparation.High speed currency counting and processing: Process currency at up to 1,000 notes per minute with less stopping for greater throughput, making money counting and sorting easier.Read how the JetScan iFX i400 has helped banks and credit unions save significant money in armored car costs by processing ATM and commercial deposits in the branch. ![]() Significantly smaller, 39% faster and more flexible than any other multi-pocket currency sorter and processor, the JetScan iFX ® i400 can have as few as 3 to as many as 17 pockets. Allowing children some element of financial control may be one way to help them realise the value of money and build basic budgeting skills, which will help prepare them for financial independence when they leave home.Smallest, fastest, most flexible multi-pocket currency scanner and sorter. Ian Bright, senior economist at ING Group commented: “Our research suggests a correlation between adults who were given pocket money as a child and their ability to better manage their finances later in life. * sample size too small to be representative Median amount of pocket money given a week by age in euros Brits give their children less money than France, Germany, Spain and Italy. ![]() Meanwhile, Italian parents are the most generous overall, giving their children (aged 15 plus) as much as €30 in pocket money a week, while the Netherlands and the Czech Republic lag behind most Western European countries. Across the territories surveyed, Turkish parents are most likely to give pocket money with 95% giving their child an allowance compared to 67% of parents in the Netherlands, making them bottom of the league. Almost three quarters (70%) of parents who allow their children a small allowance feel more confident about them becoming self sufficient once they leave home and 83% believe it has helped them realise the value of money.Īs a result, today more than three quarters (79%) of consumers across Europe now give their children pocket money. Today’s parents also recognise the benefits of allowing their children to receive pocket money. Adults who received pocket money as a child are more likely to plan for the future and tuck money away for their retirement, suggesting that pocket money can help people develop long-term financial planning skills. Indeed, more than half (55%) of people who received pocket money as a child regularly add to their savings, compared to 45% of those who didn’t. The study found that those who received pocket money are more likely to exercise control over their spending than those who didn’t, while also being more likely to save money. The study found that those who received pocket money as a child exercise more control over their spending than those who didn’t – and are also less likely to be overdrawn. ING International Survey shows: Children that receive pocket money less likely to be in debt.Ĭhildren who receive pocket money are more likely to develop strong financial planning skills in later life and are much less likely to be in debt, according to a pan-European study of more than 12,000 consumers across Europe. ![]()
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