Skandiabank signs for Wincor Nixdorf cash recycling system

Source: Wincor Nixdorf

After successfully testing its new cassette-based ProCash 4000 cash recycling system in several banks, Wincor Nixdorf has won a contract from Sweden's Skandiabank as the first European bank to deploy the new technology.

In June, Wincor Nixdorf successfully tested the new ProCash 4000 in one of China's leading banks and in another bank in Malaysia. They systems are now being used in both banks as deposit and combined deposit-dispensing systems. They have been overwhelmingly accepted by customers since the start of the pilots in the branch offices. The number of deposited bank notes per system rose from around 3,500 per week in the beginning to 11,000 just eight weeks later.

The new cash recycling systems have also proven themselves in pilots conducted in German financial institutions, especially in large banks. The technology can now be deployed throughout the Euro-zone, following comprehensive testing in various settings.

ProCash 4000 is a compact system that uses cassette technology. It provides cash for dispensing only after an authenticity check. Labor and cost-intensive cash-refilling tasks are reduced to a minimum. Designed for traditional self-service operations, ProCash 4000 can be used by both business and private customers to withdraw and deposit cash.

Cassette technology has simplified such tasks as system handling, cash replenishing and cash emptying. The slim design of ProCash 4000 makes the system ideal for small, compact areas. A special emphasis was placed on user-friendliness and ergonomics when the product was developed. It meets all international ergonomic requirements.

ProCash 4000 is equipped with five cassettes of which four are used for cash recycling. With a capacity up to 12,500 banknotes, the system is able to handle higher deposit volumes.

As the market leader for cash recycling systems, Wincor Nixdorf has extended its innovative range of products with the launch of ProCash 4000.

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