A money bag (normally with a drawstring) of money (or gold) is used to hold and transport coins, banknotes and money to/from a mint, bank, ATM, vending machine, business, or other institutions. It is a type of currency packaging widely used in order to keep your money and valuables safe and organized. A money bag is a necessity for anyone as it provides extra security for all your goods, and provides a sense of security as you know where it is at all times.