Wednesday, 05/20/2015

Reduce costs and personnel expenses in coin management

Time-consuming cash management. The topic of coin money is currently occupying many banks and savings banks intensively. As of January 1, 2015, deposits and withdrawals of euro coins will only be possible after thorough examination of the coins. The examination will have to be carried out largely manually - both by trained personnel and with the help of coin processing machines. Consequently, the banking industry is looking for ways to reduce the expenses of coin handling.