Finance
Fact-checked

At WiseGEEK, we're committed to delivering accurate, trustworthy information. Our expert-authored content is rigorously fact-checked and sourced from credible authorities. Discover how we uphold the highest standards in providing you with reliable knowledge.

Learn more...

How do I Choose the Best Cash Deposit Bags?

A. Leverkuhn
A. Leverkuhn

Choosing the best cash deposit bags requires knowing about how cash flows are physically handled. These bags are a helpful item for anyone who regularly deals with large sums of money. Cash money often has to be deposited in order to secure the earnings of an individual, a small business, or any other enterprise. Cash deposit bags help those who are responsible for cash flows to bring money to a bank or other depository.

Those who are looking for optimal cash deposit containers such as bags to help manage cash should think about what kinds of security features will help safeguard their money. Some cash deposit bags come with sophisticated locking features. Others have tamper resistant devices or other elements that help prevent theft or fraud.

Deposit bags are especially useful for nighttime deposits at a closed branch.
Deposit bags are especially useful for nighttime deposits at a closed branch.

When selecting these money handling tools, it’s also good to match cash deposit bags to the spaces where they regularly deposit money. Money bags or pouches come in a wide variety of shapes and sizes. Some of the cash drops, such as bank night depositories, can use smaller deposit spaces. Having containers that fit the deposit space easily will help prevent ongoing problems with depositing money.

In addition to security and size, some may also want to check what kinds of materials are available for cash deposit bags. Traditional options are usually made of either cloth, plastic or some similar flexible material. In any case, the material should be opaque and tough enough to resist being cut through. Some particular materials, such as cloth, may do better in some climates and conditions than others. Think about the durability of these financial tools over the long term.

People who are looking for cash deposit bags might also want to distinguish between those bags that are designed to hold paper money and those that are intended to hold metal coinage. Needs can vary according to how much of a country’s money is made of metal rather than paper. Think about what will generally be deposited and plan accordingly. While a store or restaurant might deal more with paper bills, a vending machine business will typically have more coins to deposit.

All of the above will help money handlers get the best cash deposit bags for ongoing work. Money holding containers are usually a must for depositing large amounts of money into banks. Most businesses and larger operations see the need to invest in these tools in order to safely get their money converted into held banking values.

Discussion Comments

anon980910

The best cash deposit bags are made of polyethylene plastic and should have tamper-indicating properties for security. Opening and re-sealing the bag without showing signs of tampering is virtually impossible thanks to a high-tech adhesive closure system. This allows for maximum security when transporting your cash from point A to point B. The best brand on the market for these cash deposit bags is Fraudstopper made by Nelmar Security Packaging Systems.

pollick

Delivering the night deposit bags was always the scariest part of my job as an assistant manager. We'd have thousands of dollars in cash in those security bags, and we'd be at a deserted bank in the middle of the night. Fortunately the transaction itself only took a few seconds, so we weren't targets for very long.

Ruggercat68

When I worked at a local restaurant, one of my duties was to accompany the manager to the bank whenever he made a late night deposit. The bank deposit bags he used were made out of a really thick canvas material, and the end of the zipper slid directly into a keyed lock. Even if someone managed to take it out of my manager's hands, he wouldn't be able to open it very easily.

Post your comments
Login:
Forgot password?
Register:
    • Deposit bags are especially useful for nighttime deposits at a closed branch.
      By: Pefkos
      Deposit bags are especially useful for nighttime deposits at a closed branch.