This specialised tape is utilized throughout the monetary sector for securing bundles of banknotes, notably these denominated in Danish or Norwegian forex. Its goal is to keep up the integrity of the forex stacks throughout processing, transportation, and storage. For example, when banks obtain giant money deposits, this tape securely binds the person bundles, making certain accuracy and stopping loss.
The adoption of this binding technique gives a number of benefits for monetary establishments. It permits for simpler dealing with and counting of considerable sums of cash, which streamlines operations inside banks and money administration facilities. Moreover, it presents a bodily deterrent in opposition to tampering, contributing to enhanced safety and decreased danger of theft or unauthorized entry. Its use has developed as monetary processes have change into extra regulated, indicating its necessity in upholding requirements of accountability.