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Vaultex chooses SCAN COIN Systems for online ordering and pre-registration

Vaultex has chosen SCAN COIN Systems’ Connect CASH web portal for cash ordering and pre-registration connected to their existing cash processing system, CCS.

Formed in 2007 as joint venture between Barclays Bank and HSBC, Vaultex is the UK’s leading cash processor. Vaultex makes sure that cash is widely available for use – and that people have confidence in cash as a payment method. Vaultex handles around £160 billion of bank notes and coins a year. This requires an efficient cash processing solution and SCAN COIN is happy that Vaultex has chosen to extend existing installations of CCS, Cash Center System, with SCAN COIN’s online WEB ordering solution. This installation of SCAN COIN Systems’ Connect CASH web portal is an additional step in order to further simplify and increase the control of cash operations at Vaultex.

Mark Trevor, Commercial Director, Vaultex UK Ltd, says: “We are delighted to build upon our existing relationship with SCAN COIN.  Online ordering is a key development in our product offering and we are very confident that the SCAN COIN solution will deliver both in terms of its simplicity and use of technology.”

Magnus Williamson, director of SCAN COIN System, says “SCAN COIN has a strong commitment to make cash processing in our society more efficient and is very pleased that the partnership with Vaultex since 2007 now continues with an online WEB solution for the future.”