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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The Ultimate Solution for Cash Handling

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The ultimate solution for cash handling

The Ultimate Solution for Cash Handling


Bank notes in circulation january 1996 january 2004

Bank Notes in CirculationJanuary 1996 – January 2004


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


The ultimate solution for cash handling

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.


The ultimate solution for cash handling

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.


The ultimate solution for cash handling

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


The ultimate solution for cash handling

Deposits/Withdrawals

Local Circulation

Deposits

Withdrawals

Withdrawals


The ultimate solution for cash handling

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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