Cash Management Automation Solutions

35 Years of Efficiency, Accuracy, and Security for Your Currency
Handling Needs

© De Nederlandsche Bank

Our Specialized Systems are used by

Central
Banks

Cash
Processors

Retailers

The Zero-Touch Cash Center

© De Nederlandsche Bank

Fully Automated Cash Centers

Zero-Touch Operation using the PEC Equipment

1. Receiving and Payout

The in and outbound deliveries to the cash center are handled in secure automated paying and receiving docks. These facilities are available to the CIT operators after proper screening of their trucks and paperwork. All deliveries and payouts are verified against the pre-announced values in the MWare Cash Management System, and, once approved, are automatically received or paid out by the automated material handling systems.

2. Pre-Processing

This step includes the unpacking of the banknotes, removing of shrink-wrap foils, elastic bands or other wrapping and non-wrapping materials, in preparation of the cash to be processed on the high speed note processing machines. This step is usually a manual step due to the non-standardized packaging of the banknotes and the variations in banknote fitness.

During this step the operator also adds the required header (and trailer) cards for the consolidation of the quantities received by the note sorters, and loads the banknotes in cassettes that are compatible with the feeding points of the note sorters.

The transport between the vault, the unpacking stations and the processing machines is completely automated.

3. Post-Processing

The main suppliers of high speed note processing equipment use single denomination bundles as an end product of their fitness sorting machines. In the automated cash center these bundles need further handling and packaging to support the downstream automated processes.

PEC delivers automated bundle label printers, bundle conveyors, bundle sorters, bundle-wrapping, boxing and sealing units… with integrated tracking and tracing functions. Systems are tailored to the size and the throughput of the operations and support several note sorters simultaneously.

4. Payout Preparation

PEC offers the following automated payout preparation machines:

 

  • Automated order picking of standardized sealed packaging units (e.g. carton box with 10 bundles)
  • Automated ATM cassette filling
  • Automated Retail Order Preparation (ROP)

 

Automate your Cash Management Processes with PEC

Automated Vault

Optimized Cash Storage Solutions

Tailored Methods for Efficient Cash Handling

Storage Units

PEC optimizes cash storage in various units based on cash cycle and center flexibility. Banknotes are stored in containers, pallets, or boxes in the vault, with tailored equipment for movement. For reserve stock, pallets or containers hold 100,000 to 500,000 banknotes, enhancing efficiency. Circulated cash, handled in smaller loads of 10 to 20 bundles, is adapted for processing and ATM cassette distribution.

Automated Material Handling and AGV’s

Transport within the cash center utilizes AGV systems for full containers or pallets, and conveyors for individual cash boxes. This automated system prevents human access to the vault during operation, ensuring security. The management system tracks all cash movements, enforcing security procedures electronically.

Automated Storage and Retrieval Systems (ASRS)

The vault’s core is the ASRS, featuring modular storage racks and an automated crane guided by rails. Multi-deep storage balances throughput and capacity economically. The crane, equipped with a telescopic fork or shuttle car, handles cash packs. ASRS automates storage, retrieval, prioritization, and sequencing, ensuring just-in-time delivery for processing and payout.

Automate your Cash Management Processes with PEC

Cash Management System

© De Nederlandsche Bank

Automated Transfer and Security Measures

Ensuring Secure Cash Movements with Automated Systems

3 main Modules

CMS Web Portal

 

CMS Web Portal: Web based Customer Relationship Management system, connecting the commercial banks, CIT’s and the Central Bank’s branches on one common platform, controlling the complete life cycle of the cash orders, and interfacing to the core banking applications such as financial accounting and Real Time Gross Settlement.

CMS Cash Center
Management System

 

CMS Web Portal: Web based Customer Relationship Management system, connecting the commercial banks, CIT’s and the Central Bank’s branches on one common platform, controlling the complete life cycle of the cash orders, and interfacing to the core banking applications such as financial accounting and Real Time Gross Settlement.

CMS Data Warehouse

 

CMS Data Warehouse: This module turns the collected real-time data into managerial information. The extensive reporting system allows management to make forecasting decisions based on historical inventories, seasonal variations, processing quantities, regional distributions….

Functionality

Providing full control and traceability is the key strength of the MWare Cash Management System (CMS). In an environment, where large quantities of cash are handled by different people, the solidity of our system is guaranteed by:

 

  • The identification of cash units from the moment they enter into the facility
  • Real time location management of each cash unit
  • Real time updates of custodial inventory management at each transaction
  • Strict enforcement of the business process via the management system
  • Strict enforcement of user roles and access levels
  • Electronic data verification using bar codes, RFID tags, smart cards…
  • A system that integrates all cash center processes and links the available information for cross verification

 

The MWare Cash Management System is based on these concepts since its inception and therefore provides support for the entire life cycle of cash inside the Cash Center. The system traces in real time the custodian inventory history, the movement history of storage units, the activity log of individual users and so on. This way MWare forms the ideal solution for managing your cash center.

Automate your Cash Management Processes with PEC

See Our Success Stories Unfold

PEC shapes the cash center of the Dutch National Bank (DNB).

Case Insight: demonstrating excellence in Cash Automation.

 

DNB published an exclusive tour of their Zeist located, high security vault where tons of gold, and approximately 4.5 billion EUR in cash are kept.

Visit DNB’s website here, and dive into how the monetary authority for the Netherlands streamlined tangible asset handling, by integrating PEC’s advanced Cash Automation solutions.

MNB Cash Center

Cash Center of the Hungarian Central Bank.

 

PEC has successfully equipped the Cash Center of the Hungarian Central Bank, providing state-of-the-art technology and solutions. This enhancement ensures efficient and secure cash handling processes, reinforcing the central bank’s operational capabilities and contributing to the overall stability and reliability of the country’s financial system.