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NatWest trials intelligent cash management system
Wednesday, September 19, 2018
by G4S
The service effectively works as an on-site automated deposit system. Businesses deposit cash into a G4S device, the money is validated and accounts are credited daily. The cash is then securely held in the device until the Cash-in-Transit provider visits to pick it up.
Alison Rose, CEO, commercial and private banking, NatWest, says: "The intelligent cash solution is an efficient, secure and cost effective way for cash reliant businesses to have access to that day’s takings without having to make a daily trip to their local branch, allowing them to spend more time on running their business."