PT BARON BIONDI WILLIAM
MARCH 23 2021
Operating a cash recycle requires extra security and planning inherent to the risks for both of Bank and the Customer. These cash management systems, cash recyclers, and smart deposit solutions significantly reduce the time and cost of managing cash in-store, improve accuracy, and reduce discrepancies.
These solutions allow you to:
- Eliminate highly expensive, fragile, and bulky cassettes, reducing storage space at the cash room, CIT vehicles, and on-premise
- Speed up cash processing and cash recycling within the cash room with perfectly stacked notes
- Save on labor costs by reducing hours needed to handle, process, and recycle cash
Cash Recyclers are complex machines that handle a couple of simple but important tasks—accepting, dispensing, and recycling cash. It also stores money securely, keeps an accurate accounting of cash on hand, and automates the cash cycle.
How do cash recyclers work? Banknotes are placed into a feeder and passed through a bill identifier to determine the denomination and validity of the banknotes. This cash is then stored in separate cassettes or modules for dispensing in future transactions. So, it’s the very definition of recycling, the cash that is deposited to a cash recycler is the same cash dispensed from it.