Cash & Valuables in Transit (CVIT)
Secure, efficient cash transit for the public sector
Cash is still the lifeblood of many public sector activities – from leisure centres and parking services to council tax payments and library fines.
If your public sector organisation handles cash well, it preserves its reputation and can improve its cash flow – vital when budgets are tight.
Loomis’ Cash and Valuables in Transit service helps you get cash to the bank safely, securely and economically.
It also has major benefits for the public sector, including:
- Eliminate staff trips to the bank, freeing up staff time
- Prevent high street attacks on staff
- Reduce risk to staff and the general public
- Increase security by reducing opportunities for theft
- Create a customised service that cuts your costs.
Cash transit that meets public sector demands
The diagram above explains how cash in transit cycle works.
It’s particularly flexible for public sector organisations, and we can collect cash from a central location (such as council offices) or from cash-holding premises in different locations.
When we collect your money we take full liability for its safety – until the moment we deliver it to your bank.
But we know costs are important, so we work closely with you to create a service that gives you maximum efficiency at the lowest cost.
When you choose Loomis, you can work closely with your account manager to analyse your cash transit needs in detail. That allows us to offer you:
- Cash collections at intervals that suit you – and match the weekly or seasonal changes in your takings
- Collections of different sums – you’re not tied into inflexible collections of fixed amounts
- Collections that take into account the amount of cash you’re insured to keep on the premises.
We’ll also take care to monitor any changes in your requirements, reducing or increasing the number of collections you need.
This means you only pay for necessary cash collections – reducing your costs over the long term.
Security, reputation and peace of mind.
Our CVIT service offers the security the public sector demands from the UK’s only cash management specialist.
Not only is your cash insured by us from the moment it’s collected, but we also offer you:
- Highly secure cash transport centres in key locations across Britain
- A fleet of over 700 armoured and semi-armoured vehicles
- Real time vehicle tracking and monitoring
- A team of 1,700 trained security officers, all vetted to BS 7858
- Collection and delivery supported by the latest security technology.
Safe, secure and meeting the needs of the public sector – Loomis is here to keep your cash safe and save you money.