Cash handling solutions

We have a variety of CashVault devices that aim to reduce the risks associated with handling cash onsite.

• High-speed cash and coin devices that count, validate and verify the authenticity of cash before releasing it into a secure canister/bag.
  
• Manage deposit activity of your cashiers on the device for easy identification and reconciliation of cashier deposits on your bank statement.
• Reduce time spent on cashing up at the end of the day to improve operational processes.
  

Our CASHlink solution is a digital cash solution that integrates your line-of-business (LOB) system with Nedbank's systems to enhance your deposit process.

• The information includes the deposit amount, statement reference and date so you have full visibility of your cash deposits.
• All cash deposits and deposit differences are referenced accurately, which makes cash reconciliation simple and easy.

Cash Online is an electronic service that lets you capture your cash deposits and withdrawals if you currently use cash centres through a cash-in-transit (CIT) carrier.

• Receive same-day value on your deposits, even outside of banking hours.
• A unique reference can be captured online, which reduces mundane tasks such as reconciliation.
• Track the status of your cash deposit online regularly.

Manual cash banking will take care of your cash deposits and cash withdrawals currently processed at a cash centre.

• No need to visit a branch to make your cash deposits, thereby reducing the potential risk of an attack or robbery.
• Cash withdrawal requests in respect of wages, floats and petty cash can be facilitated.
• Option to use cash-processing centres with walk-in facilities to make cash deposits or withdrawals, saving you cash-in-transit costs.

Cash Maximiser integrates your line-of-business (LOB) system’s cash deposits with Nedbank, which offers you immediate value for the deposit and frees up working capital.

• Improves liquidity, as you get immediate value for cash after sales, which allows for improved liquidity in the working capital cycle of your business.
  
• Full cash deposit information allows you to reconcile teller deposits to your bank statement and effectively manage onsite risk.
  

Enhance reconciliation efforts by specifying rules to control and validate deposit descriptions and references when deposits are made into your account at any Nedbank branch.

• Validation rules can be customised to your needs, giving you full control for statement referencing.
• Operational saving in collection process as transactions are easily identifiable.