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Financial Institutions
By outsourcing cash management activities to us, a number of Financial Institutions have taken advantage of the combined benefits of reducing operating costs and concentrating valuable time and resource on core, revenue generating activities.
Here are some examples of the solutions we provide to our Financial Institution customers:
- Transportation of bank notes and coin ordered by thousands of branches to service the requirements of their business and retail customers either through branch ATMs or over the counter services.
- We have become a leading provider of ATM support services, offering an end to end solution. As ATMs play a major role in satisfying consumer demands for round the clock access to banking services we help to maximise the availability of ATMs and manage their cash levels.
- Our market leading cash centre capability enables us to manage many of the cash handling requirements on behalf of Financial Institutions. We sort bank notes according to The Bank of England's quality requirements and distribute them to bank branches and ATMs. The service also includes processing the deposits for their customers and providing the means for a credit to be passed onto customers’ bank accounts. We also undertake the secure storage and management of bank note and coin stocks on behalf of Financial Institutions, including the Bank of England.
- We also have facilities to manage and store valuables on behalf of Financial Institutions’ customers allowing them to free up valuable property space and aim to reduce the costs associated with storage.
