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The Ultimate Solution for Cash Handling

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The Ultimate Solution for Cash Handling. Bank Notes in Circulation January 1996 – January 2004. Cash is Costly. Cost in EU ( source: Euopean payment Council) No less than EUR 50 billion (0,4 – 0,6% of GDP) 360 billion Cash Transactions 60 billion Non-cash transactions Cost Split

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cash is costly
Cash is Costly
  • Cost in EU ( source: Euopean payment Council)
    • No less than EUR 50 billion (0,4 – 0,6% of GDP)
    • 360 billion Cash Transactions
    • 60 billion Non-cash transactions
  • Cost Split
    • Bank 50%, retailers 40%, others 10%
  • Cost for banks
    • About 20% of annual operating costs
  • Estimated Cost in United States
    • USD 60 billion
slide4

Cashier

Counting

Counting

Counting

Counting

Counting

Counting

Counting

Counting

CASH FLOW TODAY: Manual NOTE COUNTING everywhere

98-05-27

BANK / POST

NIGHT DEPOSIT

OR

CASHIER

COUNTING CENTRAL

BANK

POST

COUNTING

Cashier

Head cashier

Or cashier

NOTES FOR

DESTRUCTION

NOTE DELIVERY TO BANK

AND EXCHANGE /

LOW VALUE NOTES

TO STORES

IN DISPOSABLE CASSETTES

NATIONAL BANK

ATM

  • QUALITY SORTED INTO TWO LEVELS:
  • NATIONAL BANK QUALITY
  • (6 SEK/100 Notes)
  • ATM QUALITY
  • (10 SEK/100 Notes)

BANK / DEPOT / POST

The cost for cash handling in Sweden today, appr. EUR 1.2 billion/year.

Corresponding amount in the U.K., appr. EUR 5.5 billion/year.

slide5

Cashier

Counting

COUNTING

COUNTING

COUNTING

COUNTING

COUNTING

COUNTING

COUNTING

CASH FLOW TODAY: Manual NOTE COUNTING everywhere

98-05-27

BANK / POST

NIGHT DEPOSIT

OR

CASHIER

COUNTING CENTRAL

BANK

POST

COUNTING

Cashier

HEAD CASHIER

OR

CASHIER

NOTES FOR DESTRUCTION

NOTE DELIVERY TO BANK

AND EXCHANGE /

LOW VALUE NOTES

TO STORES

IN DISPOSABLE CASSETTES

NATIONAL BANK

ATM

QUALITY SORTED INTO

TWO LEVELS

NATIONAL BANK QUALITY (6 SEK/100 Notes)

ATM QUALITY (10 SEK/100 Notes)

BANK / DEPOT / POST

The cost for cash handling in Sweden today, appr. EUR 1.2 billion/year.

Corresponding amount in the U.K., appr. EUR 5.5 billion/year.

slide6

Cashier

Counting

Counting

Counting

Recycling

Low quality

CASH FLOW TOMORROW: No manual NOTE COUNTING

98-04-27

Estimated cost reduction after installation of QCR in Sweden, appr. EUR 0.3-0.4 billion.

Corresponding amount in the U.K. is appr. EUR 2.1 billion.

Cashier

SHORT CIRCUIT

Head cashier

Or cashier

NOTES FOR DESTRUCTION

NATIONAL BANK

EXCHANGE /LOW VALUE NOTES

IN

DISPOSABLE CASSETTES

NOTES FOR DESTRUCTION

IN DISPOSABLE CASSETTES

BANK / DEPOT / POST

NEW DEPOSIT/DISPENSE MACHINE

Internet

Cash flow Control

Automatic ATM loading by customer

Deposit receipt for customer

Quality sorting of notes

Overflow > Disposable cassettes

Low quality notes > Disposable cassettes

Suspect counterfeit > Disposable cassette

Recycling

DISPOSABLE CASSETTES

Low quality

UNDERFLOW / OVERFLOW

IN DISPOSABLE CASSETTES

Technical service

slide8

Deposits/Withdrawals

Local Circulation

Deposits

Withdrawals

Withdrawals

slide9

Q-CashRouter Local Recycling

QCR productivity with one deposit and two dispense fascias

Dispenses to 6 customers5 notes each

Q-CashRouter

One deposit of 400 notes (3 minutes)

Branch staff

dispenses and

deposits

Dispenses to 6 customers5 notes each

Processes 12 customer Withdrawals during the same time as 1 customer makes a Deposit

sealpack automatic bundling of notes

Counterfeit

Notes

SealPack™ - Automatic Bundling of notes

Quality sorted

Notes

Poor quality

Notes

Suspected and

Ink-died Notes

new innovative business concepts
New Innovative Business Concepts
  • Replaces:
  • ATMs
  • Deposit machines
  • Night Deposit Safes
  • Manual processing of daily takings
  • Locations:
  • Bank Branches
  • Supermarkets/Hypermarkets
  • Shopping Malls
  • Partnering:
  • Banks
  • Shops
  • CITs
  • Real estate owner

Q-CashRouter

q cashrouter main benefits
Q-CashRouter - Main Benefits
  • Local Recycling of notes with a significant cost reduction
  • Replaces up to 2 ATMs, single note, bundle and envelope deposit systems and Night Deposit Boxes
  • Immediate crediting of depositor’s bank account
  • New Revenues for Banks:Change from a cost driven to a revenue driven cash handling Business
    • Revenues from Deposit services (fewer CIT transports and no costs for central sorting, counting, etc.)
    • Sales of exchange cash SealPacks to Retailers
    • Sales of SealPacks for ATM-loading
banqit s future
BANQIT’s Future
  • BANQIT will become number one in the world in cash handling
  • Our concept and our products for local recycling will reduce the volume of bank notes, and the costs for cash handling, by up to 50%
  • BANQIT’s concepts and products are protected by an extensive and worldwide patent portfolio
  • BANQIT needs a resourceful partner with extensive market coverage in the banking and retail sector in countries where the company does not have a presence today
  • Why and how did BANQIT develop these concepts, and the technology?
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