Your bank uses many different banking equipment and supplies on a daily basis, such as bank teller supplies, automated teller machines, banking money handling supplies and cashiering supplies. By purchasing banking supplies and equipment that you can use in these multiple areas of your bank from one company, you'll be making the most of banking supplies you use.

Start by determining what products each department of your bank needs. Then, find a company that offers all of the banking supplies and equipment you use in your bank so you can order them all in one place. After you select a company, you're ready to make your first bank supply purchase.

1. Determine what banking equipment and supplies your bank needs, and make a list.

2. Select a company to order all of the bank supplies you need from.

3. Put together your first order and make your first bank supply purchase.

Action Steps
The best contacts and resources to help you get it done

Make a list of all of the banking equipment and supplies your bank needs

Take a walk around your bank, mentally or physically, and begin putting a list together of all of the supplies and equipment you use. Include supplies that your tellers and cashiers use, equipment your bank uses, such as automated teller machines and banking money handling supplies.

I recommend: NetBankStore.com lists many different bank supplies that can help you put your list together. Optimum System Products put together a "short" list of banking supplies.

Choose a company to order your banking equipment and supplies from

Once you've put a list of everything you'll need to order for your bank on a regular basis, you'll need to find a place to order it all from. By finding one company that can supply you with all of the supplies you'll need, you'll save time and money on your orders.

I recommend: BankSupplies.com offers 24/7 service on all of the supplies your bank will need. General Bank Supply offers many different categories of bank supplies.

Order your banking supplies and equipment

Now that you have a list of all of the supplies you need for your bank, and have chosen a company to order them through, it's time to place your first order. You'll want to order all of the supplies you'll need in bulk for your initial order, then simply order what you need when you need it in the future.

I recommend: Interbank Equipment offers a wide range of banking supplies and equipment you can order. The Bankers Exchange offers new and refurbished bank equipment you can order.

Tips & Tactics

Helpful advice for making the most of this Guide

• •  If you also need to order banking machines, find a company that can provide you with all of the machines you'll need in one place.

Banking equipment and supplies include everything from deposit tickets to brochures on current financial products and banking programs to the equipment needed to run the bank. When purchasing banking supplies, you may look at the need for items like deposit tickets and cringe. Rather than look at paper products as a waste of money, look at the value they add. In many cases, supplies such as banking machines and tamper evident bags secure your bank's holdings and reputation.

While larger items may be a one time purchase, other items require constant inventory and re-ordering. Many bank supply vendors offer a complete array of items to provide you with a one-stop shop. Other suppliers focus mainly on large ticket items like drive-through systems or kiosks.

Use bank supplies to help you:

1. Save money.
2. Increase productivity.
3. Decrease human error with the right bank teller supplies.
   

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Detect counterfeit money with banking equipment

Once you accept a counterfeit bill, you lose the money. Using banking equipment that detects counterfeit bills allows you to decline the bill before you deposit it. Color-shifting ink, security threads and watermarks help you distinguish real currency from fake.

I recommend: Purchase a currency counter with UV and Magnetic detection abilities, counterfeit pens or a dual control authenticator from Banksupplies.com.

Stock up on bank teller supplies

Bank supplies such as anti-fatigue mats decrease work related strain on the body. Use tamper evident bags to help maintain security even when you aren't present. Banking machines reduce human errors in counting money and sorting change.

I recommend: Check out General Bank Supply’s extensive list of cashier and bank teller supplies which include deposit ticket holders, steel security cases and cash trays.

Install an automatic teller machine (ATM)

Automatic teller machines reduce traffic through the drive through and help eliminate lines inside. Locate your ATM in an unused corner of your parking lot, on the outside wall of the bank or inside the bank lobby. Adding an Automatic Teller Machine means incurring maintenance costs, but allows you to collect fees for service from non-members.

I recommend: Use a company that sells products from a variety of ATM machine manufacturers. IMS sells automatic teller machines from Triton, Tranax and Tidel. If you don’t have space for a free standing ATM, look at through-the-wall options.

Tips & Tactics

Helpful advice for making the most of this Guide

• •  Many manufacturers provide free or discounted supplies like receipt paper for a set amount of time as a promotion.
• •  Order all banking supplies from one vendor at the same time to save on shipping.
• •  Some supplies, such as counterfeit machines, eliminate the need to continually purchase other supplies, such as counterfeit pens.

Every bank uses banking supplies and banking equipment, but with so much to choose from, it helps to know what the supplies and equipment are, and what you use them for. By learning some banking supplies key terms, you can learn more of what bank supplies and equipment are available to you, and which ones will work best for you.

There are several pieces of banking equipment and supplies every bank will need to use, such as automated teller machines, bank teller supplies and money handling supplies. You should know what each of these basic banking equipment and supplies are, what they're for and how to order them.

1. Learn what automated teller machines are for, and how to acquire them.

2. Learn what bank teller supplies your bank will need, and what you use them for.

3. Learn what money handling supplies your bank will need, and what they're for.

Action Steps
The best contacts and resources to help you get it done

Learn all about automated teller machines

Automated teller machines, or ATMs, are one of the banking machines your banking institution will use. ATMs provide your banking customers access to their bank accounts. They can use them to withdraw money from their account and check on their account balance without entering the bank. Your banking institution will need to order and install one or more ATM machines and purchase the supplies that ATMs use, such as paper and ink.

I recommend: BuyerZone allows you to compare free quotes on ATMs from multiple companies. ATMequpiment.com allows you to search different ATMs, paper and parts.

Find out about the bank teller supplies your bank will need

Bank tellers will have certain supplies that they will need to use on an everyday basis. You'll want to familiarize yourself with the key terms associated with these supplies so you know what your tellers need to get the job done.

I recommend: BankSupplies has a carefully selected list of bank teller supplies you can learn about and order. General Bank Supply has a complete list of bank teller supplies that allows you to view a photo and description of.

Find out about the banking money handling supplies your bank will need

Other supplies your bank will need are those that can handle the money, such as currency straps and coin wrappers, coin holders and storage trays, currency bags and counterfeit money detectors. You can look these and other banking money handling key terms up on the Internet to learn more about them, and determine which ones your bank will need.

I recommend: M.F. Bloun offers money handling supplies that you can research for your bank. U.S. Bank Supply offers a list of money handling supplies for your bank.

Tips & Tactics

Helpful advice for making the most of this Guide

• •  Research multiple bank suppliers to learn about many other different banking supplies and equipment you may wish to use in your bank.

When you’re shopping for banking supplies, a little research and planning can save significant dollars. From supplies for automated teller machines to banking machine and bank teller forms, supplies are vital to the job and a big part of the budget.

There are a varietiy of ways to save money on banking equipment. Beyond finding a bank supply company that provides a good deal, you should make sure you save money on your entire order. Consider these tips to start saving on banking supplies.

1. Save money by placing bulk orders.

2. Save money by choosing companies that offer free or discounted shipping.

3. Save money by purchasing discount and used banking equipment and supplies.

Action Steps
The best contacts and resources to help you get it done

Order bank supplies in bulk

Many bank supply businesses offer discounts for larger volume purchases. You'll find cashiering supplies like receipts, forms and coin rolls in quantities ranging from 100 to 1000 items or more. Look for companies that offer bulk discounts on bank machine supplies you use daily and your savings will quickly add up.

I recommend: Contact U.S. Bank Supply for information about bulk pricing. They offer stepped discounts, with higher rates for larger quantities purchased. McBee offers bulk discounts on all items with a large enough order. The company's bulk pricing is shown on each item’s product page.

Find a bank supply company that offers free or discounted shipping

Even if you find the banking supplies you need at a discounted price, the amount you save can be eaten up by high shipping costs. If you order from multiple companies, or if the company you order from charges a per item fee, you might save money on supplies but end up spending more than you planned. Instead, search for free or discounted shipping to save even more on banking supplies.

I recommend: NetBankStore.com offers discounted shipping to certain customers. BanksMart Bank Supply offers free or $5.00 shipping on all orders.

Buy used or discount banking supplies to save money

You don't have to pay high prices to obtain quality banking supplies. Discount banking supplies are often comparable in quality to higher priced banking supplies. Buying used banking machines will save a great deal. Some used equipment is sold at 50% off the cost of a new item.

I recommend: BankSupplies.com stocks overruns, clearance, sale and discontinued items at great savings. Used Bank Equipment.com offers a variety of used banking equipment and supplies.