A-B-E American Bank Equipment 700 Electric Perforator
used to permanently mark, validate, or cancel stacks of paper documents by punching tiny holes through them in the shape of letters, numbers, or dates.Because the holes physically remove paper, the marking is completely unalterable and permanent—unlike ink stamps, which can be washed off, erased, or forged.Here are the most common ways this machine is used:1. High-Security Document CancellationInvoices and Receipts: Paid invoices are perforated with "PAID" or a specific date so they cannot be accidentally or fraudulently resubmitted for payment twice.Checks and Bonds: Banks and corporate accounting departments use it to cancel processed checks, stocks, or bonds to prevent them from being reused.2. Dual-Verification & Security ControlsMailroom Logins: Punching incoming mail with the current date to permanently record exactly when a document arrived.Sensitive Files: Marking internal documents, source materials, or legal files as "VOID" or "CANCELED".3. High-Volume EfficiencyMulti-Page Punching: Instead of stamping documents one by one, a user can slide a stack of up to 20 sheets of paper into the throat.Automatic Triggering: The machine senses the paper and automatically activates the internal motor, perforating the entire stack instantly, price Ebay over $900