Currency strap

A stack of 100 United States $2 bills, secured with a green banknote strap indicating the denomination and total amount in the stack.
Two stacks of 100 20 euro notes and one stack of 100 50 euro notes delivered to a bureau de change by G4S.

A currency card, cash strap, currency band, money band, banknote strap or bill strap is a simple paper device designed to hold a specific denomination and number of banknotes.[1] It can also refer to the bundle itself.[2]

In the United States, the American Bankers Association (ABA) has a standard for both value and color. Note that all bills greater than $2 only come in straps of 100 count. The colors allow for quick accounting, even when the bills are stacked, such as in a vault. Special striped bands are used for straps exclusively containing star notes.

  1. ^ US 3896524, Parker, Warren D., "Bundle binding strap", published 1975-07-29 
  2. ^ History of Currency Counting at the Federal Reserve Bank of Philadelphia