1. Arizona State Savings & Credit Union Learning & Development
Cash Handling 101
Arizona State Savings & Credit Union
Learning & Development

2. Cash handling....you’re the expert
Concentrate
Consistent
Organized
Count three times
Compare cash total to transaction receipt

3. Cash Control
Your responsibility to ensure proper cash control. Sole responsibility for the cash assigned to him or her. While operating a cash drawer take the following precautions:
Never leave cash unsecured or unattended
Cash is to be locked and out of reach/sight of members
Passwords, combinations and access code should be confidential
Verify the drawer in dual control before taking custody of the drawer
Do not allow access to your cash drawer
Count and list currency

4. Cash Limits Drawer limits may vary
Generally top drawer limit is $
All excess cash should be kept in your teller vault or second drawer
Stay within drawer limits
Keep mute money to a minimum

5. Methods of counting currency
Hand to counter
Remove cash from drawer
Count desire quantity to counter, start with large bills
Replace excess in drawer
Place next desired denomination on top of pile
When all desired bills are stacked on the pile, turn over and count to the counter
Hand to hand
Remove cash from drawer, one bill at a time, place in left hand
Repeat process for all desired denominations
When all desired bills are in your left hand count from left to right

6. Cash Quiz
Who’s picture is on a dime?

7. Counting Methods By denomination By units By quantity
Count each bill by face value
Add each new bill to the previous amount
By units
Leave off zeros
Count by first digit only
Add zeros at the end of the count
By quantity
Count desired denomination quantity only
Multiply the total on paper or adding machine
Repeat for all denominations

8. Counting coin Separate the coin by denomination
Spread the coin flat on the counter
Count two at a time – counter to hand
Count by quantity
Repeat for all denominations

9. Cash Quiz
Who’s picture is on a nickel?

10. Keep your drawer organized
Arrange paper currency in stacks
When opening a stack of bills, toss the strap after verification
Get rid of paper when opening rolls of coins
Make sure that your coins and paper currency are in the right area of the drawer
Make sure your dollar bills are neat, not bunched or bent
Never leave your teller drawer open when you are going to be away from it

11. Cash Quiz
Who’s picture is on the $100 dollar bill?
Benjamin Franklin

12. Count cash three times Count cash as you take it from your cash drawer
Count cash to yourself as you count it out on the counter or hand to hand
Count cash aloud as you count it to the member

13. Redeeming Damaged Money
Redeemable at full face value
More than half of the original note can be exchanged
Less than half of the original note – must be sent to the Treasury for redemption
Redemption of mutilated coin is handled by the US Mint

14. Foreign Currency At this time we do not exchange foreign currency
Refer members to a commercial bank

15. Cash Quiz
Who’s picture is on a five dollar bill?

16. Portrait – One of the most noticeable changes is a larger, slightly off center portrait that incorporates more detail. Moving the portrait off center reduces wear on the portrait and provides more room for the watermark.
Watermark – created during the paper-making process, depicts the same historical figure as the portrait. It is visible from both sides when held up to a light.
Security Thread – embedded polymer strip, positioned in a unique spot for each denomination, guards against counterfeiting. The thread itself, visible when held up to a bright light, contains micro-printing – the letters USA, the denomination of the bill, and on the $50 and $20, a flag. When viewed under ultraviolet light, the thread glows a distinctive color for each denomination.
Color-shifting ink – The ink used in the numeral in the lower right-hand corner on the front of the bill looks green when viewed straight on but black when viewed at an angle.
Micro-printing – can be read only with a magnifier and becomes blurred when copies, appears in unique places on each denomination. For example, on the $20 bill, it appears around the border of the portrait and within the number in the lower left corner.
Fine-line printing patterns – appear on both sides of the note, in the background of the portrait and the buildings. This type of printing is difficult to reproduce on scanning equipment or replicate by other printing methods.
Low vision feature – a large dark numeral on the back of the note makes it easier for people with low vision to identify the note’s denomination.
Serial number – no two notes of the same kind, denomination, and series have the same serial number. This fact can be important in detecting counterfeit notes; many counterfeiters make large batches of a particular note with the same number.

17. Detecting Counterfeit Currency
Original bills are on the left

18. If you receive a counterfeit…
Do not return it to the passer
Delay the passer if possible (if a stranger)
Note the passers description (if a stranger)
Telephone the police or Secret Service
Write your initials and date on an unprinted section of the note
Minimize handling the note; place it in an envelop
Issue the presenter a receipt for the counterfeit bill

19. Fun Facts
Since October 1, 1877, all US currency has been printed by the Bureau of Engraving and Printing
The total number of fifty and one hundred dollar notes passed and seized in 1980 was 777,957
By the end of the Civil War, between one-third and one-half of all US currency in circulation was counterfeit

20. Do you know? The largest currency denomination ever produced?
$100,000 series 1934 Gold Certificate printed from Dec 18, 1934 to Jan 9, 1935
What denomination of currency notes is the Treasury Department no longer printing?
$500, $1,000, $5,000, and $10,000. Production of these denominations stopped during World War II. Their main purpose was for bank transfer payments.