Cash Counting and Validation
Getting your money checked and in the bank – fast
Once you’ve collected cash from your customers, you need a fast, efficient way of counting it, reconciling it and depositing it in your bank account.
When you ask Loomis to take care of your cash processing, you benefit from a network of eight specialist cash processing centres across the UK – where your money is counted by our trained and British Security Industry Association (BSIA) vetted staff.
Our service can handle cash from multiple branches of national firms, right down to small businesses. Any discrepancies in the cash you supply are quickly identified and resolved, and forgeries are systematically weeded out.
You also have access to reports which give details of processed cash from all of your premises, while our tracking systems give you total security every step of the way.
Loomis’s cash processing also stands out because it is extremely flexible and responsive to your needs. We can provide consolidated cash to your bank either directly or via a bulk till. If you need multiple credits from one deposit, that’s no problem either.
If you use our Safepoint cash management systems, our cash processing will give you access to till-level data. But if you have other in-store systems, we can integrate our cash processing and reporting systems seamlessly.
Unlike cash processing services provided by banks, we can also count and reconcile non-cash items such as gift vouchers and travel tokens – processing them in a day, instead of the month it commonly takes. And if you take foreign currency we can count and reconcile that too.
Using Loomis cash processing services also gives you these additional business benefits:
- We can deliver to any central or local bank
- Your bank may reduce its counter charges
- Processing small volumes of cash isn’t a problem – unlike with some bank services
- It frees up your staff’s time
- Your money reaches your bank account faster.
And if you pair cash processing with Loomis’s cash in transit service you also benefit from additional security and reduce the opportunity for fraud – your cash is exposed at fewer points of the cycle and your staff don’t have to risk attack by walking cash to the bank.
Cash Ordering and Delivery
If your business needs to be supplied with cash, we can provide the money you need direct from our cash processing centres.
You can rely on us to supply banknotes of your required quality and denomination – including new and ATM-fit notes for use in self-checkout terminals.
Phone ordering is simple and automated, and we can deliver the cash you need on a scheduled or ad-hoc basis (just give us 24 hours notice).
You can also rest assured that you will receive accurately-counted, forgery-free cash in sealed, secure, tamper-proof and barcoded bags – giving you complete peace of mind.