Automated Cash Handeling
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Store money safely in your promises using Automated
Cash Handling
Simplify cash management and get quicker access to your cash, real time visibility and cash-in-transit services with full risk cover.
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Protect your business funds while driving operational efficiency

Our end-to-end Automated Cash Handling devices help you process and store cash securely in your premises.


Seamless tracking


Seamless tracking

Cash device allows you to monitor your cash via your computer or mobile devices.

Earn interest


Earn interest

Earn credit interest as soon as you deposit cash in your 
device or when the CIT provider collects it.

Free mobile pay


You’re covered

Your cash is instantly insured upon deposit when you opt for onsite risk cover.

Quick collections

 

Quick collections

Your cash is collected immediately, on time by your CIT service provider.


Discover more about Automated Cash Handling

Explore Automated Cash Handling solutions that optimise security, efficiency, and real-time cash flow management for your business.

  • How it works

    1.      A cash device is installed at your location

    2.      Deposit cash in your device

    ·  Onsite risk cover starts once cash is deposited (if you opt for onsite risk cover)

    ·  The device provides a receipt confirming the deposited amount

    ·  The cash value or credit is recorded either while it's in the device or when the CIT service provider collects
        it, depending on the settlement option chosen (minimum conditions apply)

    3.      Cash collected by CIT service

    4.      Cash transported to the Cash Centre for processing.

  • Features and benefits

    • Processes bulk cash deposits efficiently and securely at your premises
    • The cash devices count, validate, verify, and securely store bank notes and coins
    • Rejects counterfeit notes
    • Our devices accept 1 200 to 10 000 notes, and 9 000 to 14000 coins
    • Funds are credited either when cash is deposited in the device or when the CIT provider collects it, depending on your settlement preferences
    • Cash is instantly insured upon deposit if you opt for onsite risk cover
    • Role allocation to users through user cards/PIN codes
    • Get a printed receipt every time a deposit is made and a supervisor receipt showing all previous deposits
    • Get a cash-in-transit receipt when the CIT company collects your cash
    • The devices use SIM card technology to facilitate communication and payment processing
    • View your transaction status via a web-based management information system
    • Software updates can be done remotely when required.
       
Need more help?

For more information visit our  Self servicing tools 

Contact us:

Call us on: 0860 111 222

Email us at: Cashproducts@absa.co.za

 

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