Brief: Diebold wins $43 million Brazilian ATM contract

Brief: Diebold wins $43 million Brazilian ATM contract

Brazil's third largest bank, Caixa Economica Federal (CEF), has purchased advanced-function automated teller machines (ATM), cheque dispensing terminals and related services from Diebold in a deal worth nearly $43 million.

Under the agreement, the terminals will be installed at 1800 CEF branches throughout the country by the end of 2002.

In 2001 CEF signed a separate outsourcing agreement with Diebold for the management of its 'Blue Rooms' self-service network. The 500-strong network of Blue Rooms offer customers around-the-clock access to advanced-function ATMs, cash dispensers and cheque-sheet dispensers.

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