What is a Cash Recycler?
A cash recycler is a complex machine that handles a couple of simple, but important tasks—accepting and dispensing cash. It also stores money securely, keeps an accurate accounting of cash on hand, and automates the cash cycle. Generally, you’ll find them in banks, credit unions and back-office retail cash rooms.
Cash recycling enables an ATM to accept, validate, sort and store banknotes quickly and reliably.
These banknotes can then be made available to customers who wish to take out cash, reducing cash replenishment costs for the bank and improving service availability for its customers.
Recycling has to comply with legislation around the globe in order to protect the bank and the consumer while complying with banking regulations.
Cash recycling enables an ATM to accept, validate, sort and store banknotes quickly and reliably.
These banknotes can then be made available to customers who wish to take out cash, reducing cash replenishment costs for the bank and improving service availability for its customers.
Recycling has to comply with legislation around the globe in order to protect the bank and the consumer while complying with banking regulations.
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