Are you looking to better automate your customers’ banking experience by reducing transaction time? Teller Cash Recyclers (TCRs) are the next step in branch automation, allowing your tellers to deliver better service to your account holders.
A TCR automatically counts, stores, and validates notes for both deposit and withdrawal operations, allowing tellers to quickly process cash transactions. With a 12,000 recycling note capacity, and the ability to process 8-12 notes per second, TCRs greatly reduces the time spent on each transaction, creating more time to serve customers needs and foster long lasting customer relationships.
MS-500
The MS-500 provides a more secure and efficient cash management environment. Cash can be directly loaded and unloaded, decreasing cash handling and reducing the risk for fraudulent activity. The MS-500 includes a self-auditing feature without the need to physically remove cash from the unit. This unit greatly reduces customer wait times and reduces teller counting errors.
Learn how Teller Cash Recyclers can make your branch 72% more efficient
| Pros | Cons |
|---|---|
| Protection Against Theft: Theft is one of the most obvious threats to financial institutions (FIs), however, TCRs act as a secure vault storage, protecting FIs against both internal and external theft threats. TCRs can hold multiple denominations reducing the need for secondary cash storage. | Bill Jams: When processing large deposits, bill jams can occur, but shouldn’t be cause for complete concern. Bill jams occur from poor cash quality or dirty TCRs. This can be easily remedied by checking the quality of the cash before inserting into the machine and regularly cleaning the machine. |
| Increased Transaction Speed: TCR’s sort, count and verify all the notes increasing the transaction speed giving your teller staff more time to interact with the customer in front of them, replacing transactions with interactions. | Regular Cleaning Required: Regular cleaning of your Teller Cash Recycler is required to keep your cash recycler running at peak performance and to make currency transportation to and from the recyclers safe and secure. If you fail to upkeep the cleanliness of your TCR, it can result in bill jams, stalls, and other halting mechanisms. |
| Quicker Open & Close Procedures: Gone are the days of counting notes and deposits, opening the cash drawer and other time-consuming administrative tasks tellers have to perform before opening and closing their teller stations. Tellers can easily save an hour worth of work by their FI investing in the efficiency of a Teller Cash Recycler. | Potential Capacity Restraints: Ensuring that you’ve purchased a cash recycler that meets your volume requirements is crucial in providing efficiency gain for your financial institution. If you end up under-sizing your recycler capacity, your staff can spend more time loading and unloading the recycler and defeating much of the time savings and efficiency associated in implementing cash recyclers. |
| Efficiency & Human Error Protection: Our research shows that Teller Cash Recyclers increase efficiency by 72%, saving more than 500 minutes in daily tasks including night drop, commercial and consumer cash transactions, buys/sells, CIT deliveries and more. Because TCRs sort, count and verify all the notes, it takes the responsibility off of the teller of ensuring accuracy. |
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