Custom Search
 



 
 
Now, some Bank of Baroda ATMs recycle the deposited cash

Tokyo, July 28, 2014: Leading Indian  leading public sector bank, Bank of Baroda (BoB)  has become the first in the country to implement cash recycling at the ATM. This means deposited cash to be dispensed in future transactions. The  bank has turned to  Hiatchi-Omron Terminal Solutions and deployed their  Cash Recycling ATM (HT-2845-V).  
This reduces frequency of cash replenishment and cash loading in the machine, and also space of self-service terminals for cash deposit and withdrawal thereby improving efficiency of the bank’s cash operations.
BoB had  installed 100 units of the  Hitachi  ATMs  but they were operated only as a Bunched Note Acceptor (BNA) to deposit cash. BOB and Hitachi have jointly worked on the existing system to upgrade it successfully for cash recycling operations.
Says Kokichi Murayama, Operating Officer and General Manager Global Business Group of Hitachi-Omron Terminal Solutions: “We entered the Indian market in 2010 and have been constantly putting effort to introducing the concept of the most optimal solution for cash deposit. Now, I’m excited that we have started cash recycling operations with one of our premium customers, BOB, and believe our Cash Recycling ATM will contribute to improve efficiency of BOB’s operations.”
Hitachi-Omron Terminal Solutions is No.1 manufacturer of Cash Recycling ATMs in the world.

More information about the Hitachi-Omron Terminal Solutions  here 




    


Post Your Comments Now
       
  Name  
  Email  
  Comment  
     
     
       
       
     
Now, some Bank of Baroda ATMs recycle the deposited cash
by pron best on July  10,  2017
  "ShyLtk You completed a number of nice points there. I did a search on the issue and found nearly all people will have the same opinion with your blog."
     
Now, some Bank of Baroda ATMs recycle the deposited cash
by pron best on July  10,  2017
  "ShyLtk You completed a number of nice points there. I did a search on the issue and found nearly all people will have the same opinion with your blog."
     
Now, some Bank of Baroda ATMs recycle the deposited cash
by crorkz matz on   05,  2014
  "PJUZTZ Muchos Gracias for your post.Thanks Again. Really Great."
     
Now, some Bank of Baroda ATMs recycle the deposited cash
by crorkz matz on   05,  2014
  "PJUZTZ Muchos Gracias for your post.Thanks Again. Really Great."
     
Now, some Bank of Baroda ATMs recycle the deposited cash
by AKL Group on   22,  2014
  "kindly provide information about cash recyle system , so we can start business with you, we are in this field 20 years"
     
Now, some Bank of Baroda ATMs recycle the deposited cash
by Soy on October  18,  2016
  "Hello there! What can you tell me about this POS system device? pointofsalemo.com/ How can I improve it to ATM?"