G4S commits to meet UK’s cash infrastructure objectives

G4S announces that it commits to meet key UK cash infrastructure resilience, efficiency and environmental objectives

Cash handling at a G4S cash processing centre

G4S Cash Centres (UK) Limited is pleased to announce today its support for the collective commitments to underpin wholesale cash sustainability announced by the Wholesale Distribution Steering Group (WDSG) chaired by the Bank of England.

One of four member organisations of the Bank of England’s Note Circulation Scheme, G4S Cash Centres (UK) Limited provides and operates the essential national infrastructure to support UK banks with physical cash at a wholesale level.

Paul van der Knaap, Managing Director of G4S Cash Solutions UK said: “G4S Cash Centres is committed to playing its part in delivering the WDSG collective objectives in the areas of resilience, efficiency and environmental impact and by the end of the first quarter of 2022, in cooperation with our wholesale bank customers, will agree with the Bank of England specific measures to support this initiative.”

About Allied Universal

Allied Universal®, a leading security and facility services company, provides proactive security services and cutting-edge smart technology to deliver tailored, integrated security solutions that allow clients to focus on their core business. Our acquisition of G4S in 2021 expands our footprint and infrastructure on a global and local level. Through our vast network of more than 800,000 employees, we leverage global best practices in communities all over the world. Operating in around more than 80 countries with revenues of $18 billion, we are supported by efficient processes and systems that can only come with scale to help deliver our promise locally: keeping people safe so our communities can thrive. We believe there is no greater purpose than serving and safeguarding customers, communities, and people in today’s world. Allied Universal is There for you™. For more information, please visit www.aus.com.