
Modern Cash Management Pays Off
Cash Processing
Sorting, counting, rolling, bundling. Whenever bank notes and coins must be prepared according to German Central Bank guidelines, our cash centres are waiting to help. We offer you a choice of counting options ranging from a rough count to a complete count and extending to additional services such as check administration and transmission of the count results. Fixing the value date of your founds takes place by means of data transfer or data transmission. This relieving your staff of these duties.
Change supply and coin removal
According to the payment services supervision law (ZAG), established May 1, 2011, cash & valuables service providers cannot keep own accounts at the German Central Bank any more. A further alteration: The coin supply and removal via the German Central Bank is only possible in so-called "norm containers" (overall counter value of all containers = 314,000 Euro, total weight approx. 5 tons).
This results in partnership models between cash & valuables service providers and financial institutions in the entire industry.
In order to guarantee a further individual supply with coin containers for our clients, of course KÖTTER Geld- & Wertdienste assumed such a cooperation. All modifications, occurring from the commencement of the ZAG, have been integrated in our processes.
You, as client of KÖTTER Geld- & Wertdienste, will get in touch with this topic only at the beginning of a possible service partnership – by a joint preparation of all necessary documents, as accounting agreements, etc.