In the modern times, the number of companies providing cash-in-transit services in Queensland has increased rapidly due to growing demand for managing currency in an effective manner. Besides that, retail and financial institutions also depend on cash-in-transit service providers for outsourcing their coin and currency operations.
Within the industry of cash-in-transit, different terms are used for describing different services and products. The service of cash-in-transit itself involves picking up valuable items and delivering them to their designated points. The task is carried out with the help of armored trucks or vans for transporting the valuables, the latter generally being used for delivering lighter loads or servicing automatic teller machines (ATMs). It still remains the biggest producer of revenue for most companies involved in the business. Some providers offer full ATM servicing packages that include purchase as well as installation of ATM equipment, full maintenance, cash processing and replenishment, and complete management of ATM funds. In order to ensure safety against risk of theft and robbery, the professionals take various steps such as usage of firearms and deployment of effective tracking systems within the vehicles used for transportation. Not only does it help to avert crimes, but also aids in increasing productivity. At every stage of every transportation, strict security protocols are ensured for protecting all kinds of valuables, be it money, jewelry items or some other precious article. As such, armed static as well as mobile security officers are also deployed as a part of the whole process. Besides that, professionally trained and qualified ATM technicians are also involved. Various delivery options are provided to clients as well, including overt and covert transit and same day delivery. Assessment of site risks are done quite often for doubling security performance.
Another important service offered by firms dealing primarily with cash-in-transit is currency processing. It consists of reconciling, verifying, forecasting, processing, storing and complete management of client coins and cash in a transparent and seamless manner. Any risk issue is managed with the help of supervisors working closely with tellers. CCTV monitoring systems are also engaged for ensuring compliance. The entire work is carried out within controlled surroundings under adequate supervision.
