New Trafford Park venture helps businesses combat counterfeit bank notes

11th January, 2012 - Posted by admin - Comments Off

A new business venture in Manchester is planning to help banks and businesses across Europe halt the flow of forged bank notes coming into circulation.

“In 2010 counterfeit notes totalling £5,900,000 were taken out of circulation in the UK and my aim is to help substantially reduce the number of forgeries in circulation,” comments Francisco Arrese, liaison at Keller Instruments, which was recently set up at Bizspace’s Astra Business Park in Trafford Park.

“People can be careless when it comes to accepting cash from customers. At Keller Instruments, we provide cash handling solutions which enable clients to check and store their cash. Our banknote counters are the new ‘must have’  in every business environment, as it can instantly detect   and reject counterfeit notes.”

“Some businesses are finding it difficult in the current economy, so we are in talks with some large banks and  chain stores in the UK and we’ve also had strong interest from the Spanish market. Given that we’ve only been in business for  a few months the level of interest in our products is very encouraging.

“We are ideally placed in Trafford Park and the Bizspace team was instrumental in helping us get this new venture off the ground and provide us with the flexibility to grow and develop the business. If things go to plan we’ll have to expand our workspace sooner than expected.”

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