Www.banqit.com The Ultimate Solution for Cash Handling

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The Ultimate Solution for Cash Handling


Bank Notes in CirculationJanuary 1996 – January 2004Bank Notes in CirculationJanuary 1996 – January 2004


Cash is CostlyCash is Costly• Cost in EU ( source: Euopean payment Council)

– No less than EUR 50 billion (0,4 – 0,6% of GDP)

– 360 billion Cash Transactions

– 60 billion Non-cash transactions

• Cost Split– Bank 50%, retailers 40%, others 10%

• Cost for banks– About 20% of annual operating costs

• Estimated Cost in United States– USD 60 billion


CountingCounting

Counting

CountingCounting

ATM

Head cashierOr cashier

Cashier

NOTE DELIVERY TO BANKAND EXCHANGE /

LOW VALUE NOTESTO STORES

IN DISPOSABLE CASSETTES

NOTES FOR DESTRUCTION

COUNTING CENTRALBANKPOST

NATIONAL BANK

BANK / DEPOT / POST

NIGHT DEPOSITOR

CASHIER

QUALITY SORTED INTO TWO LEVELS:• NATIONAL BANK QUALITY (6 SEK/100 Notes)• ATM QUALITY (10 SEK/100 Notes)

CASH FLOW TODAY: Manual NOTE COUNTING everywhere

Counting

Counting

Cashier

Counting

COUNTING

98-05-27

BANK / POST

The cost for cash handling in Sweden today, appr. EUR 1.2 billion/year.

Corresponding amount in the U.K., appr. EUR 5.5 billion/year.


COUNTINGCOUNTING

COUNTING

COUNTINGCOUNTING

ATM

HEAD CASHIEROR

CASHIER

Cashier

NOTE DELIVERY TO BANKAND EXCHANGE /

LOW VALUE NOTESTO STORES



COUNTING CENTRALBANKPOST

NATIONAL BANK

BANK / DEPOT / POST

NIGHT DEPOSITOR

CASHIER

QUALITY SORTED INTOTWO LEVELSNATIONAL BANK QUALITY (6 SEK/100 Notes)ATM QUALITY (10 SEK/100 Notes)

CASH FLOW TODAY: Manual NOTE COUNTING everywhere

COUNTING

COUNTING

Cashier

Counting

COUNTING

98-05-27

BANK / POST

The cost for cash handling in Sweden today, appr. EUR 1.2 billion/year.

Corresponding amount in the U.K., appr. EUR 5.5 billion/year.


SHORT CIRCUIT

Head cashierOr cashier

Cashier

DISPOSABLE CASSETTES


NATIONAL BANK

BANK / DEPOT / POST

InternetCash flow Control

CASH FLOW TOMORROW: No manual NOTE COUNTING

Counting

Cashier

Counting

Counting

Recycling

Low qualityUNDERFLOW / OVERFLOW


EXCHANGE /LOW VALUE NOTES

INDISPOSABLE CASSETTES

NOTES FOR DESTRUCTIONIN DISPOSABLE CASSETTES

Low quality

Recycling

NEW DEPOSIT/DISPENSE MACHINE

Automatic ATM loading by customerDeposit receipt for customerQuality sorting of notesOverflow > Disposable cassettesLow quality notes > Disposable cassettesSuspect counterfeit > Disposable cassette

98-04-27

Estimated cost reduction after installation of QCR in Sweden, appr. EUR 0.3-0.4 billion.

Corresponding amount in the U.K. is appr. EUR 2.1 billion.

Technical service



Local CirculationLocal Circulation

DepositsWithdrawals Withdrawals

Deposits/Withdrawals


Branch staffdispenses anddeposits

Q-CashRouter Local RecyclingQ-CashRouter Local Recycling

QCR productivity with one deposit and two dispense

fascias

One deposit of 400 notes (3 minutes)

Dispenses to 6 customers5 notes each

Q-CashRouterQ-CashRouter

Dispenses to 6 customers5 notes each

Processes 12 customer Withdrawals during the same time as 1 customer

makes a Deposit



SealPack™ - Automatic Bundling of notesSealPack™ - Automatic Bundling of notes

Quality sortedNotes

Suspected andInk-died Notes

CounterfeitNotes

Poor qualityNotes


New Innovative Business ConceptsNew Innovative Business Concepts

Q-CashRouter

Replaces:• ATMs• Deposit machines• Night Deposit Safes• Manual processing of daily takings

Locations:• Bank Branches• Supermarkets/Hypermarkets• Shopping Malls

Partnering:• Banks• Shops• CITs• Real estate owner


Q-CashRouter - Main Benefits Q-CashRouter - Main Benefits

• Local Recycling of notes with a significant cost reduction

• Replaces up to 2 ATMs, single note, bundle and envelope deposit systems and Night Deposit Boxes

• Immediate crediting of depositor’s bank account

• New Revenues for Banks: Change from a cost driven to a revenue driven cash handling Business– Revenues from Deposit services (fewer CIT transports and no

costs for central sorting, counting, etc.)

– Sales of exchange cash SealPacks to Retailers

– Sales of SealPacks for ATM-loading


BANQIT’s FutureBANQIT’s Future• BANQIT will become number one in the world in cash handling

• Our concept and our products for local recycling will reduce the volume of bank notes, and the costs for cash handling, by up to 50%

• BANQIT’s concepts and products are protected by an extensive and worldwide patent portfolio

• BANQIT needs a resourceful partner with extensive market coverage in the banking and retail sector in countries where the company does not have a presence today

• Why and how did BANQIT develop these concepts, and the technology?

Documents

Www.banqit.com The Ultimate Solution for Cash Handling