With this contract, Wincor Nixdorf is making an important contribution to the re-engineering program that UBI has undertaken to redesign its branch offices. The program aims to make branch processes more efficient and free up personnel to focus on consulting and sales. A top priority is the transfer of small deposits and withdrawals to self-self terminals with the help of intelligent deposit systems from Wincor Nixdorf. By the end of this year, UBI plans to have 200 branches equipped with this technology.

Portugal's Montepio Geral Bank awarded Wincor Nixdorf an additional contract for integrating its intelligent deposit technology. The bank has agreed to deploy cash-recycling systems in its branches. The planned systems will support cash deposits as well as intelligent check and savings book processing.

In the area of intelligent deposit technology, Wincor Nixdorf has emerged as the market and innovation leader. Since the launch of the technology in the mid-1990s, the company has delivered more than 250,000 ATMs capable of automatic banknote deposits. In Europe alone, Wincor Nixdorf has installed around 15,000 intelligent deposit and recycling systems, representing a market share of more than 50 percent.

Intelligent deposit and recycling systems are designed to automate the entire cash-handling process, significantly reducing cash circulation and processing costs. The entire process of handling banknotes is greatly simplified when transferred to self-service terminals. Administrative efforts are also reduced substantially. Straight-through processing is possible, from full electronic processing through to crediting the account. Customers no longer need to complete forms, nor does staff need to handle deposited cash. Cash handling costs can be further reduced by using the cash recycling function, which reuses deposited cash for withdrawals; labor- and cost-intensive cash replenishment processes can be reduced to a minimum.