The stage is set for the loading of cash into automated teller machines (ATMs) through the cassette-swap mode with an initial four-phased roll-out across 30 cities from June 1.
The lockable cassette-swap will do away with the current practice of open-cash replenishment into ATMs.
Cash-in-transit (CIT) firm personnel, tasked with loading cash into ATMs, will not have to touch it anymore.
Cash-handling will be done by CITs at the cash centre, and the task of taking into account the amount of cash remaining from the last cassette-load will also be made simpler.