BankS

> CURrency recognition

Bogen supplies highly sensitive multi-track magnetic sensors to a European manufacturer of money processing systems.  This allows them to examine the various bills and reliably determine their authenticity according to their hard and soft magnetic properties.

The magnetic sensors are applied in high speed machines that can evaluate  up to 40,000 bills per minute.

 

> ATM (Automated Teller Machine)

Credit card readers manufactured by the Japanese company Omron are utilised in numerous ATM machines made by a variety of manufacturers.

Bogen provides the appropriate original quality replacement heads for both national and international servicing companies.

 

> MICR (Magnetic Ink Character Reading)

In  many countries, payment transactions are conducting with the use of cheques.

Specific data is applied to the lower part of the form using magnetic ink.  The secure readout of this data in the banking system is provided through Bogen magnetic heads, which are standardised according to an E13B or CMC7 format.