SEB signs with Banqit for ATM units

Swedish banking group SEB has contracted with local financial technology vendor Banqit for the supply of ATM units through to 2004.

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SEB signs with Banqit for ATM units

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The initial order is for 34 of the vendor's Q-CashExterior 25 units to replace the bank's older machines in Stockholm and Gothenburg.

The units will use CEN6 safes and a Microsfot Windows/NT-based application developed by the bank. Banqit's application software Q-ConnectXFS will manage interfaces and devices.

Installation and maintenance support will be handled by Siemens Business Service, Sweden and deployment of the units will begin mid-2003.

SEB purchased 1000 licenses for Banquit's Q-Trans ATM software in December 2002 and is rolling the system out in the first half of this year.

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