Deposit your cash in the Smart Box device installed in a secure location at your business premises. Daily Credit ensures liquidity every day, before your money is physically transferred. We work with major cash-in-transit companies.
What businesses it is addressed to
It is addressed to businesses that often collect large amounts in cash. For example:
- Retailers, e.g. supermarket chains, petrol stations.
- Wholesalers.
- Service providers, e.g. travel agents, hotels.
- Public services, e.g. water utilities.
What you gain
- Get instant liquidity, at a very low cost. The cash becomes available to you before it is physically transferred to us, with Daily Credit.
- Save time. You make your deposits at your place of business and your employees do not have to carry around cash. Moreover, you can make deposits outside our branch working hours.
- Reduce the cost of acquiring and maintaining banknote counters. When you deposit cash, it is automatically counted by the Smart Box. In addition, you avoid counting errors.
- Reduce cash-in-transit costs.
- Receive instant updates on collections and do the cash register reconciliation with the app provided by our partner cash-in-transit companies.
- Keep the cash in a secure location at your premises. This way, you lower the chance of a money heist.
- Automate processes, such as counting, checking for counterfeit banknotes, preparing standard cash bundles, and doing the reconciliation at cash register and shop level.
How the Smart Box works
When you deposit cash, the device counts and verifies the banknotes are genuine. Once the deposit is completed, a transaction receipt is issued.
The Smart Box is unloaded by the cash-in-transit companies at intervals that you choose or when the device is close to its maximum capacity. You receive a detailed daily update on the balance inside the Smart Box.